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Show National Enterprise , March 31, 1976 Delhi International Highlights Financial Results DALLAS, Texas Delhi International Oil Corporation, (OTC 4.875, 5.25), a Dallas-base- d oil company which par- ticipates in joint venture exploration and producing Were Helping Keep Americas Automobiles on the Road Gasoline is expensive and in short supply. So it's important to conserve every possible drop of this precious fuel. That's where we come in! We insulate petroleum storage and transport facilities to help prevent heat loss caused by high temperatures. Insulation of pipe lines and storage tanks makes them safer tool We're also involved in insulation projects to help protect petroleum products from extreme temperatures on the other end of the scale. We have insulated instruments for the newly developing oil program in the North Sea where temperatures reach 50 degrees -- F. There are many ways to conserve gasoline. Driving at slower speeds and keeping your automobile tuned up are a couple of them. This is how you can help. Insulation of petroleum facilities is another way. And that's the business were're in. operations in Australia today announced 1975 earnings. Earnings in 1975 included before tax income from continuing direct operations of $490,057 and gains of $8,717,294 from the sale of part of the Companys interests in Australian petroleum holdings and $1,741,285 from the cancellation of a HOUSTON $502,830 in 1974. Stockholders equity increased 140 percent in 1975 to $17,087,632 ($3.90 per share) from $7,121,296 ($1.63 per share) in 1974. Total assets increased 17 percent in 1975 to $35,138,547 from $29,928,910 in 1974 after eliminating from year end natural gas transportation 1974 assets the capitalized contract in conjunction with non-recurri- ng rearranging the marketing procedure for the sale of natural gas produced in Australia. The 1975 before tax earnings from continuing operations plus the items were partially offset by a tax provision that amounted to $970,000 after utilizing tax deductions associated with prior years losses. Net earnings in 1975 were non-recurri- ng $9,966,336 ($2.28 per share) compared to 1974 earnings of $316,094 ($0.07 per share). Revenues were reduced to $4,500,716 in 1975 from $6,352,897 in 1974 due primarily to the sale of an interest in Australian petroleum holdings as of April 30, 1975. However, operating and other expenses were also . SALT LAKE reduced substantially because of the sale. The net result was that before tax earnings from continuing direct operations improved to $490,057 in 1975 compared to a before tax loss from continuing operations of TULSA, Learn 1 5 specific 50 times . Why Oklahoma. Don M. penny golds listed and discussed. feet. The well was tested through at 2464-inc- h tubing choke with flowing tubing x 1 not too late! These unknowns will be the gold stocks of the future. The penny gold action has barely begun. ahead of the crowd! Discover obscure penny golds before they get popular. : City ; State Mail this coupon to: SRT Corporation P.O. Box 48 Vallejo, California 94990 : zip Please send me copies of SMALL FORTUNES IN PENNY GOLD STOCKS by Norman Lamb at MO.OO each (California residents add sales tax). Enclosed is a check for s In western Utahs Millard County, a Devonian formation objective of below 10,000 feet is scheduled by Needle needle Anticline (sec 16, T. 24S, R. Exploration at its No. 19W.) It is about 15 miles south of the town of Garrison near the Nevada state line. The operator has drilled to a depth of 2,407 feet and presently at that depth while waiting on a rotary to move to the site. In Sanpete County, a 20,000 foot test through the Jurassics Navajo (Nugget sandstone) is starting. Hanson Oil of Roswell, New Mexico, is drilling the deep well in Sec. 14, T. 15S, R. 3E., on a 50,000 acre lease agreement with Phillips Petroleum Company. True Drilling Company is rig contractor. It of is located on a seismic feature about 20 miles Clear Creek gas field. It is just east of the town of Moroni. 1-- K Name Address Unversaw 825 10th Ave. Vcro Beach Fla. 32960 feet. way to look at gold investments. your copy of SMALL FORTUNES IN PENNY GOLD STOCKS 10 NOW SEND I ORDERS now being taken for Digest of Old and inactive securities cover ing some 10,000 companies including many valuable ones Advance Price $50. AD Denver, has drilled to 19,405 feet at his No. 14-- 1 Marsing (sec. 14, T. 5S, R. 6W.) Moncrief has released very little information concerning the well but says at this depth a logging company has been conducting logging operations which will enable the operator to make a full evaluation of geological formations and sands encountered. Location of the well is seven to 10 miles south of much shallower oil production found in the Cedar Rim vicinity just west of Duchesne. Five deep test wells are drilling in the Pineview area west of Coalville, scheduled to depths from 10,000 feet to below 18,000 feet. And, a well being drilled northeast of Bridger Lake in Summit County, west of Flaming Gorge, is at a depth of 17,900 lsize. author, Norman A. Lamb, has studied Western gold mine geology for 20 years the only authority in this little known investment field. A new ADVANCE Just southwest of the town of Duchesne, W.A. Moncrief of It is Be Flynn said the Mitchell 15-- 1 located southeast of Enid, Oklahoma had a stabilized flow test of 2.028 million cubic feet of natural gas per day plus 115 barrels of condensate per day from perforations at 6,620 to 6,647 working interest in the well. Flynn said that this is the third successful completion in continued on page ten Survey. The is Flynn, Energy president, pressure of 725 pounds. Flynn Energy Corp. and its private drilling program limited partners own a 75 percent ll Acclaimed by national and international gold experts and financial editors. and he over one million. A second pipeline now under construction will transport natural gas from the Cooper Basin to Sydney, a metropolitan area that has a population of approximately three million. Current deep drilling.. .to depths of 18,000 to 20,000 feet.. .in Utah emphasizes major drilling programs by oil companies concerned with finding deep oil provinces where no exploration has been undertaken before. Counter to the trend in the Rocky Mountain States where deep drilling has slackened considerventures notes ably, Utah is experiencing several deep-weCarlton Stowe, minerals specialist, Utah Geological and Mineral reasons why you should consider penny gold stocks. chapters, 177 pages, 4 appendix, 8 producing natural gas that is transported by pipeline 480 miles to Adelaide, a metropol-ita- n area with a population of Utah Deep Drilling Sparks Regional Interest Some suggestions will surprise you! Ten cancelled in 1975. The company is involved in a joint venture operation in the Cooper Basin of Australia, Oil & Gas News Which ones to select, when to buy, how to buy, how to diversify, how to invest, when to sell, how to sell. Fifty-fou- r Oklahoma-Fly- nn Energy Corp. (OTC 2.875, 3.375) today announced completion of its third successful gas well in Garfield County, HOW TO MAKE A FORTUNE FROM THE COMING GOLD ROOM INVESTING IN LITTLE KNOWN U.S. BOND MINE STOCKS 1 rights related to the contract was Flynn Energy Announces Third Success GOLD PROFITS From '60 to 68 penny silver stocks increased in price on average it will happen to penny golds! contract pipeline B west-southwe- NE st |