Show v t I lr C:-- V £? -- - 'yfo y':K ' AJVJ : Pony League Tournament the 9 1 drilling mud out of the hole it was reported Thursday by B Z Kast-l- wildcat well Moun tain Fuel Supply Com pany is drilling in south western Colorado encountered oil and gas at a depth of 5921 feet late A pounds-per-gall- on with the preventers closed flow through two lines with 34 Inch chokes Mr Kastler said Volume of the gas is estimated at 8 million cubic feet per some light day with green oil Back pressure behind the chokes is 500 pounds per square inch Heavier weight drilling mud is being mixed to kill the flow Known as the McClean Basin well No 2 the wildcat is located about 20 miles south of Dove Creek Colo and 6 miles east of the Colorado-Uta- h state boundary line Production was encountered Company president in the Desert Creek memThe well is flowing ber of the Paradox forWednesday and then blew under control to the pits mation at a depth of 5921 feet Top of this B2 Thursday July 18 1974 formation is at 5909 feet which indicates that only 12 feet of the formation was penetrated Estimated thickness of the zone 'is 25 to 30 feet Mountain Fuel is drilling the well on a farmout from Mobil Oil Corporation as a part of an arConsolidating Domestic Subsidiaries of the First JOB OPENINGS rangement to earn a 50 Western National Bank of Box 249 Moab Utah The Southeastern Utah percent interest in ap94532 in the State of Utah at the close of business District Association of 250000 on June 30 1974 published in response to call Governments Compre- proximately acres in the Greater Piute made by Comptroller of the Currency under Title hensive Employment and Knoll area covering por12 United States Code Section 161 Training Act program an- tions of southwestern ASSETS nounces two Public Em- Colorado and southeastCash and due from banks (including ployment Program Job ern Utah i 87317688 $767590 unposted debits) with Grand openings The McClean Basin 69902000 5 Treasury securities County as road mainten-ancemcovers approxiprospect jligations of Federal Financing Veterans will mately 26000 acres of 0Bank be given preference Jobs which Mountain Fuel will Govem-meObligations of other US pay $275 per hour for earn 50 interest 40963 forty hours of work per in 20000percent agencies and corporations acres in the Obligations of States and political week Applicant' will have Mobil farmout A total sisdivisions 54220563 to do some camping on of 6000 acres in that Other securities (including $ the job For further inare owned 100 prospect Corporate stock) 1200000 formation please contact percent by Mountain Fuel -- 0Trading account securities Moab Employment Office Supply Company 1280 Federal hinds sold and securities purchased under agreements to er Report of Condition ch en -- nt resell Loans Bank premises furniture and fixtures and other assets representing bank premises Real estate owned other than bank premises Investments in subsidiaries not consolidated Customers’ liability to this bank on acceptances outstanding Other assets (including $-- 0- lease financing) TOTAL ASSETS direct porations Deposits of United States Government Deposits of States and political sub- divisions j 27381410 1698976 -- 0- Deposits of foreign governments and official institutions Deposits of commercial banks Certified and officers’checks etc TOTAL DEPOSITS $72835658 (a) Total demand de $275524221 posits Total time and savings deposits $452831437 Federal Kinds purchased and securities sold under agreements to repurchase Liabilities for borrowed money -- 0- 313776302 161469900 -- 0- 438697 5291196 DOUBLE WIDE 24x60 FURNISHED CARPETED WASHER COOLER 3 BEDROOM 2 BATHS DRYER W Great tabes 1970 -- 0-- 0- 3584921 -- 12x60 2 Bedroom Carpeted Washer and Dryer Cooler 5295®° Equity capital-lol- Preferred par value par value shares authorized 20000 shares outstanding 20000 Common No No stock-tot- al stock-tota- l Surplus Undivided profits Reserve for contingencies other capital reserves and TOTAL CAPITAL ACCOUNTS TOTAL LIABILITIES RESERVES AND CAPITAL ACCOUNTS 12 x 643 BEDROOM Corps! Washer Cooler 5295°° 3584921 -- al HEW MOON 0- -- 0- CAPITAL ACCOUNTS Capital notes and debentures o- 55161757 -- 0- 20000000 20000000 15161757 mmmmos I3 Average of total deposits for the 15 calendar days ending with call date Average of total loans for the 15 calendar days ending with call date Interest collected not earned on installment loans included in total capital accounts Standby letters of credit Mew Remote Drilling DELUXE FURNITURE 9fSO -- 0- 55161757 823449986 ASK US ABOUT 522745145 0r I Frankie ) Nightingale Cashier of the bank do hereby declare that this report of condition is true and correct to the best of my knowledge and belief FRANKIE J NIGHTINGALE Signed: We the undersigned directors attest the correctness of this report of condition and declare that U has been examined by us and to the best of our knowledge and belief is true and correct IRVIN D NIGHTINGALE Signed: K E McDOUGALD DAVID W ALLEN above-mention- Directors ed FINANCING mmm MOBILE HOMES South Main — Phone EASTERN Frank Marsh of Denver spent Sunday visiting with Mrs Eliza Burr IN LAS VEGAS Chester Farrow spent persons that are the weekend in Las Vegas willing and able to house Nevada on business location notices and gas industry opera- New area located in the Repair Service Television i v ftKWl Radio-Stere- o Car Stereo Geiger Several persons appeared before the City Court on citations for forfeiting bail during ihe past week On July 15 Glen L Sanderson of Wisconsin posted bail of $35 for the charge of illegal possession of a controlled substance The bail was forfeited and treated as a fine Sanderson was cited by Trooper James Sauls on July 5 Patrick Joseph Schleis of Wisconsin posted bail of $35 on July 15 for the charge of illegal possession of a controlled substance The bail was for- - feited and treated as a fine He was cited by Trooper Ron Wood on July 5 Roger Vande Vrede of Wisconsin posted bail of $35 on July 15 for the charge of illegal possession of a controlled substance The bail was forfeited and treated as a fine He was cited July 5 by Trooper Ron Wood On July 15 L Timothy Baker of Apache Junction Arizona posted bail of $200 for the charge of driving while under the influence The bail was forfeited and treated as a fine Baker was cited by trooper James Sauls MiXorV Shopping Confer Phono 7 259-727- North Hwy 163 Ctbr IV Bacilli Phone Servlcd Stations Tty Qas&Sy — PLUS-T- OP SERVICE Commertid nHlIiy v For All Types of Printing from Small Cards to Complex Business Forms We're at Your Service Tteftfies-- MS Phone 25 Independent 35 L Cento Ph259-752- 5 44 Veterinarian Contracting MARK WAIKIR Cvpsotiy Contractor 259-533- 259-554- 6 UTAH'S LEADING MOBILE HOME DEALER chair 3 Work s AHonthes s ftasslgafa Auto Repair Sr Well we had a little shower last night but not enough to do any good Still looks cloudy today maybe we will have another sprinkler hope so anyway Mr and Mrs Don Pond and daughter were brief in Thompson visitors Sunday They are of Denver going to Salt Lake on business They visited with his sister in law Mrs Paula Pond Mrs Alma Curtis is much improved but still gets around in a wheel 8 Printing Main & Center Arlbty Tfcw U&fMw 259-531- fomke By Virginia Graver Leon Brinkerhoff of Wayne County now but a former resident of Thompson is a visitor in Thompson renewing old Curtis e Ffosk Thompson News Notes father DB ton Sand-Grav- Counters al City Court News Cement Electronics ex- American Quasar Entreme southeastern portion of the county It is ergetics Inc and North the No 1 Wilkin Ridge in Central Oil are drilling section 29 township 10 below 10400 feet at their south range 17 east Ex- Summit County deep test xon has not detailed just No 1 Newton Sheep Co how deep the well is to in the Coalville area The be drilled The other ex- operators are releasing ploratory test is to be no details of the drilling drilled by Phillips Petro- progress presently Orileum in Grand County a ginal 'objective was to few miles northwest of drill to a projected 17500 Crescent Junction It is foot level of the Weber in the Saleratus Canyon formation It is some 45 vicinity in the foothills miles west of oil producof the Book Cliffs Phil- tion found in Bridger Lake lips will drill the well field the No 1 Blaze-to a Wildcat drilling is widethe depth of 7500 feet New ly scattered across fin Box state currently in drilling is scheduled the Woodside Helium Re- Elder County some 55 serve area about 24 miles miles northeast of Amerada - Hess southeast of the town of Sunny side by Clinton Oil Corporation is drilling The Emery County well below 6500 feet at their will go to at least 12500 scheduled 10000 foot test No 1 Southern Pacifeet It is the No 1 - Federal And fic Land Co in Carbon Tenneco Oil will drill the County Willard Pease Oil and Gas is underway at No 1 Little Valley-Federin Garfield County the No 3 Price-Feder- al more than a mile south- It is to be drilled to a west of production in Up- depth of 5500 feet In Blanding area Gulf per Valley field (the only the Oil is beginning operain field oil producing Utah) The tions at their No 1 NaTenneco well is about 15 vajo It is a 5900 foot miles northeast of the test with Calvert Drilling Co doing the work town of Henrieville Mr Stowe notes that oil for Gulf OH Bennie Curtis of Moab was a visitor in Thompson Sunday visiting his -- o-- FROM DENVER Mr and Mrs Flowers friends VA 736607400 i Any filed with the Utah Oil tions are closely focused and Gas Conservation in- on two significant wells clude two new exploratory in Utah at the present sites scheduled for drill- time The Phillips Petroing where no previous leum well No 1 US-- E work has been done acsoutheast of Mantiis drU- to Stowe Carlton cording ling below 17000 feet Utah Geological and Min- It is now projected to at eral Survey specialist least 18200 feet It was One of the “wildcats” is to originally scheduled for be drilled by l£xxon Cor- drilling to 16500 feet poration some 25 miles Phillips is releasing only southeast of the town of drilling depths at the preDuchesne in a remote sent time south-centr- some players are asked to contact Annie Roberts or Pat Bunco dents Scheduled in Utah BATH CARPETED MEMORANDA ‘ - al 9614736 -- TOTAL RESERVES ON LOANS AND SECURITIES Beginning in Moab on July 31 will be the State Pony League Baseball gas from the Desert Tournament under the Creek member of the direction of Geln Riche- Paradox formation son : Over 225 players will be in Moab for four 'or five days and will need housing from Moab resi- USA-Wal- sh Mortgage indebtedness -- 0Acceptances executed by or for account of this bank and outstand0- ing Other liabilities 36347650 TOTAL LIABILITIES 7647033!68 MINORITY INTEREST IN CON- 0SOLIDAJED SUBSIDIARIES RESERVES ON LOANS AND SECURITIES Reserves lor bad debt losses on loans (set up pursuant to IRS rulings) reserves on loans Reserves on securities Utah southeastern which has produced large quantities of both oil and Wen-dov- er 237764827 (b) Other McClean Basin well No 2 The Greater Piute Knoll area in 'turn is located about 18 miles northeast of the giant' Aneth field A 9599810 823449986 LIABILITIES Demand deposits of individuals partnerships and corporations Tune and savings deposits of individuals partnerships and cor- s 50000000 522088576 Scheduled for Moab acres of which offset the in insurance atjjramMs prices Simply gat a Farmers In 1 package policy Combine fire protection theft coverage breakage and personal ty into one policy and save with e 31hmM IRISH'S AUTO REPAIR & (yii 4S5NIMN Sjp$th£uht§ h i Khn&J JfowerA RON TURNER Moab Utah 125 No Main 259-62- IS Years Auto 4 Experience U &- - (JrmnftS 39 N Moift 84 0 ' vT |