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Show M CO 0 1 M O PI CO "Jot VeuJ ctf Ifttet Significance Vrr Vol. 28; No. 16 t i S HI and Mining I I Salt Lake City, Utah'' Texas, Missouri Firms Win Cont For Crude Oil Line to Los Angeies Bureau of Mines Announces Award For First. Aid, Mine Rescue Test given to the winning combination" team at the contest; that is the team attaining the highest score among those entered both in first-ai- d and mine rescue events. In the past, similar medaland 4. lions, purchased by the Bureau The trophy, a medallion au- under authority from Congress, thorized by Congress,, will be have gone to winners of the and mine resseparate first-ai- d cue contest. However, none has been provided for the combination class. In Few teams have entered both events in recent years, according Phillips Petroleum Co. Monday to Bureau of Mines Director announced location for important Marling J. Ankeny, who is confirmation test to the north- general chairman of the coming west of the East Desert Creek contest. He said the decision to Pool, San Juan County segment of provide an award for combinathe Paradox Basin. tion teams was made in a reThe firms Navajo No. 1 wildcat sponse to a suggestion from the will be drilled on acreage ob- coal industry. from Aztec Oil tained in farm-oThe new medallion will be 11 and Gas at 510 feet from the south inches in diameter, made of line and 2,140 feet from the east bronze, and mountline of section 22, Township 41 ed on polished mahogany. All South and Range 25 East. It will awards to winners of the event seek production at 5,600 feet in comprising the national contest Paradox. will be presented during a banPhillips Petrolem Company is quet the night of October 4 at now drilling on the Phillips-Unite- d Louisville. f armout with four rigs and had completed 22 holes through the Jackpile sandstone and the Westwater sandstone of (the Morrison formation. The drilling program has just begun and at present is for obtaining geological information. Shell Oil Co. and Continental In United Westerns agreement Oil Co. have entered into an e, Kermac has a agreement with Conoco whereby now 130 is a feet and shaft at Shell lease in the going would drill down at the rate of 10 feet per Hovenweep sector of Utahs Paraday. Since mompletion of the dox Basin. Conocos Hovenweep No. 3 headframe it is expected that even more rapid progress will be made. wildcat will be located 660 feet Generators have been installed in from the south line and 790 feet the power house and the dry, from the west line of Section 32, lamp house and office are nearing Township 39 South and Range 26 completion. East, San Juan County. 2, 3, Phillips Plots Test San Juan Area ut ed Shell and Conoco Agree on Drilling Kerr-McGe- ' "S. v - ' i v V 1 i J r T; . - v! j f '- Construction contracts for 485 miles of the Four Corners Pipe Line Co. crude oil line from Four Corners area to the Los into an agreement .. .1 the Vana- Basin have been let to twoAngeles Texas dium Corporation of America on firms and a Missouri contractor. VCA will Sec. 36, Work on the remainder of the earn a 50 interest by providing es facility will be carried required financing to conduct a out in October. The line for the shaft and conduct all mining first time in history will connect operations. UWM retain an undi- West Coast refineries with Intervided 25 working interest. A mountain crude production. preliminary program by Chapman Contracts for building 170 miles & Wood, Albuquerque, on this 16 - inch line from Aneth Field, of section resulted in proving of an San Juan County, to Cameron, ore body in Brushy Basin member were let to Potashnick ConAriz., of the Morrison formation. VCA struction Co., Girardeau, will also undertake an additional Mo., and R. H. Cape Fulton Construc50,000 feet of drilling in the area. tion Co., Lubbock, Tex. The ore in this section also contains a high grade vanadium. Ore will be shipped to Durango, Colo. . T-14- Contest in Louisville, Ky., Oct. gold-plat- v t j ' ' t 7 s it 1 v, f Columbus-Rexa- ll $120,000 Completion of merger of Columbus-Rexall Oil Co. (Salt Lake Stock Exchange) with- United Caribbean Oil Co., a Cuban concern, has announced Monday. The transaction involved a complicated exchange of shares of the .two firms. It is the intention of firm to continue lising of the Salt Lake Stock Exchange. ADDED TO the board of the Utah firm Monday was S J. Din-nee- n, Havana, Cuba. Grover Whalen, New York Citys official greeter, and Dan J. Schultz, Montreal, Canada, both of United Caribbean, are scheduled to become chairman and executive vice president, respectively, at reorganization meeting next week, said Joel A. Burns, Salt Lake City, secretary and executive manager of Columbus-Rexal- l. - wr? fr '' to m t v f ! I $ ' , s tew ' J a u Tit I the properties be $120,000 or les3, U.S. Lithium would receve 50 per cent of any net profit from the mines and mill. The Utahs firms percentage would be 25 per cent of the net if the investment of the Witchita group is more than $270,000. IF SUTTON elects to build a chemical plant for the further refining of lithium concentrates, U.S. Lithum would receive 20 per cent of the net, calculated before provision for income taxes resulting from operation of such a plant, Mr. Walton .jtfV H A i y i . 7f' '.b ?' V Z ! New refin wy combines scientific wizardry of oil and electronics industries This "refinery of the future" is what it olines. Refining operations are governed by takes to make the super-fue- ls required by batteries of automatic and electronic devices. tomorrow. of car engines today and Costing These controls insure the purity and quality was gasolines which the $200 million, the refinery recently com- of the manufactures installation vast DeL near Tidewater enough each by Wilmington, pleted miles of A for 41,000,000 of Oil Company, manufacturer driving. Flying gas day lus Drt 1 1 0SQ AT TIIE OPTION of Sutton, the Witchita group will build a concentrator (mill) by Oct. 1, 1960, should work in the next two years prove this program economically attractive. Should Suttons investment in i- aft 100-octane-p- shareholders - that Sutton interests would spend a minimum of $120,000 on the Tucker and State ore bodies the Utah company had been developing. The expenditure will be made prior to ing , - i t'VoA'V.. M Mexico. Four Corners Pipe Line Co., plans to have crude moving through a portion of the system this year, with remainder of conveyance by rail to Los Angeles refineries. aw4 tiiiniH Oil 1letoA Jh Sriefi Sutton onterests are manufacturers of equipment, and producers of oil and gas in Colorado and Kansas. Mr. Walton said he was optimistic about the prospects of the venture and said he felt the corporaton may be in production in the near future. Jv v v 4 Still to be let are four other including 33 major contracts, miles of feeder lines connecting various fields in Utah and New Salt Lake City, and OA. Sutton interests, Witchita, Kan., Tuesday announced agreement on developmet of lithium ore deposits in Gunnison County, Colo. Four Corners Exploration ComPaul T. Walton, U.S. Lthium president said in a letter to pany has completed 20,000 feet said. I ! VI In Completes Deal Lithium Claims 4 v V' was awarded contract for laying 98 miles from Cameron to railhead at Seligman, Ariz., and 217 miles of line from the Colorado River to Olive, Calif., through Twenty Nine Palms, Calif. Group to Spend - ' R. H. Fulton Co., Lubbock, Tex., 750-mil- ; S VV R-10- W. N, -v v Va. 10 ate 14, 1957 V The Bureau of Mines of the Department of the Interior announced it has authorized a new safety trophy to be awarded for the first time at the National First-A- id and Mine Rescue I I I Wet-I-d Three States Natural Gas Locates New San Juan Well of their 25,000 foot commitment arid have plocked out a high grade ore body in the Brushy Basin on at shollow Cec. 14, depth. Next step will be sinking a mining shaft to the ore bed. T-13- N, R-9- W, Superior Oil Company, on the Superior - United Farmout, is drilling on Sec. 2, where they have discovered ore in commercial grades and are blocking out an ore body. Superior has also started drilling on which is Sec. 32, the second section of the five in the Superior - United farmout, with a total commitment of 25,000 feet of drilling. T-14- T-15- N, R-9- N, R-11- W, W, Ralph E. Fair, Inc., was drillButler Wash Unit ing on A (Paradox Basin, San Juan County, Utah) at 7,486 feet on its oil and gas farmout with United Western, Texas Company, Shell Oil, George D. Fehr and Petro Atlas Corp. The operator is planning to core through the Mississippi formaton. UWM has 16 well sites offsetting the drilling and additional sec-to- ns of oil and gas lads to the ortheast in the Paradox Basin. 1-- Pan iwasAmerican Petroleum Corp., drilling at 4,106 feet on its Montezuma Creek Unit where United Western holds both royalties and working interest, as well as offsetting acreage. United Westerns exploration and development program in the Sangre de Cruto mountains of south central Colorado has been held up due to heavy snows. However, an intensive geological and engineering developmet program is being organized and will be Three States Natural Gas Co. under way within two weeks. Tuesday announced location for This is in the Westcliff area of its fourth venture in the west- Colorado. ern extension of Aneth Pool, San Juan County. Recent recogntion of the promArrowhead No. 4 well will inent place in the industry held be drilled 1,980 feet from the by United Western Minerals has the east line of Section 14, been election of its board chairTownship 40 South and Range man, Patrick J. Hurley, as presi23 East. It goes to the massive dent of the Uranium Institute of sale of the Paradox at 5,600 America and listing of the Wall feet. Street Journal. |