Show EXTENSIVE Oil WORK PlANNED Utah Southern Company to Develop Southeastern Southeast Southeast- ern Section in Spring I Extensive development work in inthe inthe inthe the oil fields of ot southeastern Utah will be undertaken in the spring by bythe bythe bythe the Utah S Southern Oil company according to the announcement made Tuesday morning by PresIdent President President dent George T. T Hansen The Utah Southern which brought in the Shafer well No o. o 1 on the Kane creek structure near Moab in conJunction conjunction conjunction con- con Junction with the Midwest Refining Refining ing company is Is' Is fully financed to carry carryon on the ne necessary essary extensive development work and drilling that will be necessary to develop the southeastern Utah oil structures The Utah Southern is Js purely a Utah company company Mr Hansen states It is a dignified corporation corporation corpora corpora- tion ton that has purely for Its purpose purpose purpose pur pur- pose the development of southeastern southeast southeast- ern Utah oil tl fields and the development devol- devol of a strong company With the bringing In of the Moab well the company now is the largest single holder of oil land In that section Mr Hansen states that the Shafer Shafer Shafer Sha Sha- fer No 1 well is now in approxImately approximately approximately the same condition as when the fire was extinguished following following following follow follow- ing the coming in of ot the well early In December of or last year The pressure has Increased to 1000 pounds rock pressure per square inch When the gusher broke forth fortha a short while ago after being stopped up it was significant that it is a a. much larger well than at first estimated The well Is now napped with the oil coming up between between between be be- tween twelve- twelve the ten-inch ten and the Inch casing he be states Mr Hansen will leave the latter part of this week for New York where he ho will remain for tor about two weeks on on business in connection with the Utah Southern Oil on company com com- pany Concerning the proposed pipe pipeline pipeline line ane to th the new field Mr 11 Hansen stated that most likely all of the companies interested In the field would join loin and finance a a. separate company for the construction of I the pipe line |