Show STILL AFTER OIL NEAR MOAB at a recent meeting of the board of directors of the big six oil company of this place authorization was made for the development of the J F prank frank and J L shafer oil property situated about twelve miles down grand river says the moab times independent this ace rage which comprises nearly acres is under contract to the local company which has already expended considerable money in preliminary work two prominent geologists have examined the structure and it has been found to be perfect it has been determined to be very high on the formation and good wells may be expected at exceedingly shallow depths to facilitate work on the shafer and big six dome a power boat has been ordered by the company which is expected to arrive here in the next two weeks upon the arrival of the boat further geological work is planned on the lower structure at the meeting carl a prominent texas oil operator who owns valuable manghes at olathe colo was made vice president and a director of the company he having recently purchased a large block of stock he will devote much of his time to the aff affairs airs of the company mr has had much experience in oil fields and now has several wells pumping in texas he has had the utmost confidence in the moab fields since the showing of oil was first encountered in the allies well at which time he invested several thousand dollars in leases |