| Show WILL DEVELOP OIL LANDS times moab utah the taking of oil leases on the moab farm lands by barrett and gaffny does not by any means represent all of the activity in oil matters in this section R C dark clark A M rogers and A A neff the committee in charge of the grand river enterprise group of claims have completed arrangements ran range gemen ments ts by which the property will be developed and patented the committee has accepted an offer of C A fisher of denver and H A arnold or of los angeles california to bore ten wells one on each claim of the group and patent the claims for a 75 per cent interest in the property by thi tins s arrangement the owners of the claims will each have a 40 acre claim patented and will be to no expense for drilling and developing powers of attorney have been executed by the claim holders giving R G C dark clark authority to execute the necessary agreements to complete the deal mr fisher is expected in moab by june 15 to examine the property and complete arrangements for drilling both arnold and fisher were formerly connected with the U S geological survey the owners of the iowa group of claims farther up the river have been offered 25 for their holdings provided the prospects are as good as reported the owners claim that a conservative report was made to the offering company they have accepted the offer and as soon as the iowa group can be inspected it will probably be sold outright |
