Show J OIL NEWS Eva Preparations are under way to resume resume resume re re- re- re sume drilling at rat the Duchesne well I A statement issued by the Ute Petroleum Petroleum Petroleum Petro Petro- leum company says The well at Duchesne remains idle The Utah Southern which is drilling the well for us on an all acreage bash basis states Negotiations are under way to w provide the means for drilling this well In the spring to encounter deeper sands We regard the Utah Southern's financial negotiations as asso asso asso so promising as as warrant our to warrant warrant- gi nur I Ing that company until spring to tv resume re- re re resume sume drilling The gas flow flaw encountered encountered encountered In the they last foot of at drilling makes this well look very promising and it is not easy to await wait with pa patience patience patience pa- pa tience the testing of the sands ands but JUt the prese present t arrangement seems nevertheless nevertheless nevertheless nev nev- to be the wisest On December 1 and 2 Mr rr Pail Dan president of the Ute was wag elected le ted president of the Marine Oil company the Glenrock Oil on company incorporated incorporated incorporated and the Royalty and Producers ers Corporation three rather clos closely ly affiliated comp companies with holdings and production in Salt Creek Big Muddy Elk Basin Cat Creek Mule Creek Rock Creek and other Rocky Mountain fields In response to a question Mfr Mr rr Ball has given out the following statement Please tell the stockholders that that lessening lessening lessening lessen lessen- my new connections mean no ing of my thought or work for forthe the Ute and its success My Iy interest is greater in the U Ute te than in any other company i r rRobert Robert G. G Porter has resigned as director director di- di di director rector and treasurer secretary-treasurer oe os the his hia Ute Petroleum company to devote entire time to hia law practise at Du- Du chesne E. E F. F Randolp of Denver has hasL f been elected secretary treasurer r o n- |