Salt Lake Herald-Republican | 1916-12-20 | Page 14 | Oil Company Branches Out

OIL COMPANY BRANCHES OUT our Will Spend Million Half on Olt Plant to Make ake Gasoline From Natural J Gas Beginning toda today tho the Wyoming Utah Consolidated Oil company compan which controls controls con eon trola the largest gas L. L well In tho world situated In a group roup of ot wells In Big BIS- BigHorn Bighorn Horn basin will enter upon Its first big business venture This will wilt bo be In connection connection connection con con- con con- with the manufacture of ot gasoline gasoline gaso gaso- line and carbon black from the natural gas sas as which the wells produce An ex expenditure ex- ex of ot will bo be maile malle It Is retorted reported In In connection with this bl big business Prot Fr FrI cl T 1 T T nr r f ti th j University ity of r- r rui ui Utah 1 pr president s of t th the tho company has hns called a meeting of or tho the board oard of ot directors to tako take place at o'clock CloCk this afternoon at tho the offices of ot the tho company compan in the D. D F F. Walker 1 building The meeting is called for tor the ratification of ot contracts which havo have been entered Into for tho the manufacture I of ot gasoline and carbon black at the wells We It lt was explained b by Professor Pack last night that since the opening of or orthe the wells which produced an unbelievable flow low of oC gas local and eastern I capitalists have havo been conferred with I culminating in tho the arran arrangements of or orthe the contracts which will bo ho ratified this afternoon l Expenditures a aggregating Jre gating Silting more than titan will be made in the establishment of ot ota gasoline a anti and black plants It was said The record gas well known as aR tho the Easton Enston well has a sufficient flow to furnish a city tImes time the tile size sizo of oC Salt Lak i with natural gas A num nurn- ber of or other wells velIa In the same district which arc owned h by the company are unusually large larg producers The gns gis wells in BI Big Horn basin were discovered b by Professor Pack after an nn extensive geological l research