Show CON PLANS I c o Y I h t Oil Oi Company's s R Report g J Shows Proposed Development Develop Develop- g J ment melt Work Vork r ork in Detail I 1 i J 1 I Th Th board of directors or of the tho Utah Consolidated Oil Oi company compan held hel Its Is re regular reg reg- j ular monthly meeting during the the week i rne The company compan- has Issued a n report to tois is Its s stockholders In which Its Is operations opera opera- oper- oper I ions ons are arc set forth In Sn detail Among I her ether her Items Hems reported Is Js the fact that that the company compan has procured extensive oil 01 holdings In el eight h districts of the state stale five hc of ot which are now being developed de by other Interests The company com com- panT pany nr has large targe holdings of or shale and drilling lands in Sn tho the basin It I J has has however selected Its Is holdings 3 In Inthe the Diamond Fork canyon camon on which to to begin In drilling first Hero the they havo have placed their machine The They have it built bui an en engine house houe a drilling room rom and a bunkhouse as s to when the thc c company proposes proposes pro pro- poses Jes to resume operations Joseph R. R Murdock president of or tho the company compan stated lat d It I Is our plan to begin drillIng drilling drill drill- In ing at an early date At our annual stockholders stockholders' meeting to bo be held hel next I Tuesday eda we e will viIi wl decide on the lie details However Jore cr we ye havo have recently received i the last shipment of or supplies necessary I to bo be used In the the drilling an and th there re I should hould h he hI no iio reason h why wo cannot Begin within a short time I J r The company has recently arranged lo o 0 lease part of or its is holdings to a n large e 1 syndicate whose hoso rig Is now no J beng be- be ng shipped from California for Im Ira- mediate operation nl n r 1111 0 i u. u |