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Show Jane 29, 1956 Page 5 Small Reactors To Other Nations Now In Making onttrihufions, Necessary nprovements. Discussed by Landmen The U. S. Senate Is now considering a proposal to make small atomic reactors available to underdeveloped Rations to prove this countrys desire for peace. This report was made this week by Robert McKinney, publisher of the Santa Fe, NM. Daily New Mexican at the Uranium and Atomic Industry Conference in Denver. Husky Oil President Says Landman Is P. R. Officer The American Association of Petroleum Landmen concluded a meeting in Denver this week, convinced that their ormuch to offer the oil industry. had ganization Theme of die second annual meeting was "Education and the Landman." Principal speakers included Glenn Nielsen, presfour-da- y McKinney also serves as chairman of the citizens panel on peacetime uses of atomic energy, a panel established by joint gressional committee action. The publisher advocates ident of Husky Oil; Hon. Tom Sealy, chairman of the board of regents of the University of Texas and Col. T. H. Barton, director of Mansanto Chemical and former head of Lion Oil Co. Opening session speaker Glenn Neilsen laid out certain specifics with relation to the AAPL and its service to what he described inas an already dustry. con- . that the US., in the next five years, set up small sized atomic power reactors in underdeveloped power-shonations of the world to convince the peoples of the world that the US. is truly their friend and deserves their respect and rt over-organize- Your organization is challenged, he went on, to operate with a minimum demand upon the working time of your members, trust. McKinney said he recently received word from Senator Clinton P. Anderson that his proposal is now under consideration. He also notes that the foreign relations committee is now holding closed door discussions on amendments to the mutual security act and will discuss earmarking of special funds for reactor purchases. and to operate to the end that your accomplishments are recog- nized. Landmen as a group are salesmen of public relations. The very success of your individual activities depends on your ability to meet and make friends rapidly with people from whom you are acquiring leases, Neilsen stated. Public relations, as defined by the opening speaker, means simply dealing and performing in such a manner that the public will gain more confidence in MINING M-LIIE- the S GRANDVIEW MINES received 2' its first check in years from American Zincs operation of the - - - OIL MAN ON A SHOPPING SPREE! Nathan Wechsler, seated, makes notes on an Oklahoma oil map to guide his selection of desirable properties. Wechsler, general counsel for Great Frontier Mining Company, last week signed contracts for leases now producing 250 barrels of oil daily. Frank Delarzelere, president of United Uranium Co., Tulsa brokerage firm, made arrangements for the half million dollar transaction, and disclosed that Great Frontier is negotiating for another 750 barrels per day of oil production. mine in the Grandview lead-zinMetaline district. The check, for May operations, totaled $2200. Actual profit was $7500 but $5000 was deducted from previous losses on operation. Hereafter, Grandview should receive $8,000 to $10,000 annually. THE WORLDS FIRST nuclear powered merchant ship patterned after the famed Nautilus would -be built at a cost of $37,000,000 under a bill approved by Congress this week. . . . TULSA, Okla. Great Frontier WATCH for news of new ven- Mining Co. has signed contracts to purchase property with 250 tures by HECLA MINING barrels per day of oil production c Great Frontier Moves Again - Now Into Oil NEW ISSUE 9,500,000 SHARES URANIUM, INC. J-- A d A NEVADA CORPORATION PER SHARE OFFERING PRICE NON-ASSESSAB- LE The Company is presently engaged in the business of exploration and mining in the Circle Cliffs area in Southern Utah, where it owns 72 mining claims. and is negotiating for more producing leases, Nathan Wechsler, general counsel for the company announced recently. The transaction involves 1,280 acres in Osage county, Okla. industrys representatives that it happens to meet, or with which it does business. Mr. Sealy enumerated some of the contributions that oil and progress made to the economy of a state. Citing figures from his own state, Sealy noted that the petroleum industry bears 45 per cent of the total cost of elementary and secondary education and 44 per cent of the cost of higher education: junior college, senior college and university. In addition, oil has contributed millions to schools through state oil-direct- ed lands. The problem of what type of education it takes to become a landman is being considered through the Education Committee the AAPL, with close cooperation of Sealy. John B. Nunn of Ashland Oil & Refining is chairman of this committee. Friday morning general session performance of landmen, stating that land plays are entered into by other firms on the respect Wechsler, who is also senior partner of Wechsler & Co., Washington, D.C., accountants, auditors and tax consultants, said for the ability of others in the about half a million dollars is involved in the cash transaction. Frank DeLarzelere, president of United Uraniuc Co., Tulsa brokerage firm which handled the deal, said negotiations are also in progress for a gas producing and distributing company, a refinery and several mining companies. Great Frontier already owns controlling interest in several min ingcompanies including San Juan Exploration Corp., Inc., Nuclear Industries, and Monte Carlo Uranium Mines, Inc. The four Osage county leases being acquired by Great Frontier Mining are (1) the Lahadie lease, 320 acres on the west half of (2 the Kirchner lease which is the southwest quarter of (3) the Poppin lease, made up of the east half of section 3 and southwest quarter of section 3, 480 acres in and the southwest quarand (4) the Man-io-n of ter lease, and undivided half interest in the northwest quarter leard Col. T. H. Barton laud the business. I like the land hian with initiative who will stick his neck out when he believes in a situation, Col. Barton related. I prefer ag- gressiveness to waiting and always being certain, for sometimes that is too late. Show me a man who never makes a mistake and I will show you a man who is not making much of. a success. Opportunities of a Land Man in Industry is a pleasing topic for me, he stated, because I feel that as the oil producing phase of our business grows, you are going to grow. It is only a natural consequence that your ability will be recognized, and I feel that at this moment I am addressing many of the top executives of the near future in this great business. Following a general business session on Saturday morning at which new officers were announced for the coming year, the meeting was adjourned. Next annual meeting is set for San Antonio, Texas, with a good possibility of the 1958 meeting at New Orleans, La. Chile Aids Small Miners Reps Say Two Chilean mining representatives in Salt Lake City this week said in the last five years assist-graof assistance for the small miner which has upped production. The two government officials A. Zuniga land Danilo Roio said in the last five years a pro-ancto the small miner of copper, gold and silver has been stepped up to a point where the bank is selling between 25,000 and 30,000 tons annually of blister copper on the world market. In the last four years, purchases of ore has increased from 100,000 to 300,000 tons, the Chileans said. The men visited Kennecott Copper Corp. mine and mills, and the Vitro Corporation of Americas uranium mill. m e ATTENnON BIG PINEY OIL & URANIUM STOCKHOLDERS Another Oil and Gas Well Has Been Brought in the Co-Ion- ia A COPY OF THE OFFERING CIRCULAR MAY BE OBTAINED FROM THE UNDERWRITER INVESTMENT ACKERSON-HACKET- T SALT LAKE CITY. UTAH 701 CONTINENTAL BANK BLDG. DA 46 CO. DA 83 4 Please send me the offering circular on I-- A Name.. Address....... City State URANIUM, INC. of 18-23n-- BIG PINEY FIELD A Detailed Report on this Well and other Important Developments will be forthcoming J. TRACY WOOTTON Big Piney Oil and Uranium Co. 306 Phillips Petroleum Building SALT LAKE CITY. UTAH Fhonei: EM 52 -- i KU 48 |