Show sovereign drilling on two locations in nevada moab utah drilling now is in pro gress on two locations bordering oil and gas leases of sovereign uranium gas oil co in dark clark county nev ada local sovereign representatives were informed today C al wood of new york city sov vice president at the same ti me disclosed major additions to the comp company anys s previously announced holdings sovereign now is working with moab uranium co on development of 32 claims in mineral canyon west of moab other recent acquisitions include I 1 A 50 per cent undivided interest with rosebud oils inc in 40 acres of oil and gas leases in dark clark county nev another company adjacent leases lease 9 n now ow is drilling on mr wood said 2 M more ore than 1000 0 additional acres of oil and gas leas lea 3 held entirely by es in dark clark county sovereign these include acres directly offsetting a well being drill ed by another company 3 forty eight more uranium claims in m dark clark county known as the gypsum cave group 4 thirty two claims in san bernardino county cal known as t the h e sil silver ve r st strike r i k e gr group 0 up twenty of t these h e se w were e e s staked t a k ed b by y th the e company and 12 were purchased 5 A 50 undivided interest with rosebud oils in 20 uranium claims in garfield county utah 6 other uranium claims clamis in nevada new mexico and utah mr wood said sovereign has completed geophysical depoi reports ts on its oi aib oib and gas leases and now nov is negotiating with major oil compan ies on a drilling program daggett securities inc of new ark N J recently completed sale of the sovereign stock offering |