Show nj Down the Street f Court Decision Dedsion Seen J Spur in Oil Search rI W Bernick Demick Utah a at of the supreme much litigated t rehear henr the nd d Ashley Oil Co cases W o had oil observers predicting even great great- oration activity in the state decision finally lly clears they tie the they y believe for exploration r leases which were taken the and which beof beof be- be of Cf the time element wc were e et f t void oid court however said mere of time after fter compliance ic obligations imposed oI dl or or gas lease is is of abandonment t there here is no over-all over y that contemplated Ion Uon beyond certain provi provi- Sot Kot ot Sufficient ere removal of drilling equip equip- t wd md rigging was not evidence of ab abandonment t there was no direct evidence of vi violation lation of contract on the part of lessees the court added The case was brought b byJ J. J N. N Meagher Magher who claimed that leases of oC the two firms h had d expired expire J J. J L. L Dougan president of the Equity Oil Co which has a a. half halt Interest in the leases of the t firm stated on learning of what hat he hc believes to be final settlement of th the case that deep te test t drilling in the Ashley dome dom area near Vernal would start by late spring Note Sands Mr Dougan said a a a number of other companies including Carter Oil OUt and Pacific Ves Western Vestern tern Oil on Corp have leases in the area on which exploration had been held up because of the lI litigation He added that geologists had noted existence of the R Rangely Colo Cob Weber sands in the Ashley dome leases and that a shallow natural at gas well had supplied the town of Vernal for a number numbe of years There previously has been no deep drilling in the area of th the type that has brought in quantities of oil In fn the Rangely field Mr Dougan said he believed exploration exploration ex ex- in the lease area rea would prove productive Tool Head to Talk Morris B. B Pendleton 45 J Los s I Angeles president of the Plumb Tool Co will be featured speaker Friday at the annual meeting of the Utah Association on of Sales Executives Executives Executives Ex Ex- Ex- Ex it was announced Wednesday Over salesmen will be entertained entertained en en- at the banquet that evening evening evening eve eve- ning at pm p.m. at the Newhouse hotel Mr Pendleton has b been en associated associated asso asso- elated with the Plumb Tool Co for over 20 years and during that tim timp the firm has become the nations nation's leading manufacturer of mechanics mechanics mechanic's ics ic's hand tools He will talk on Sal Salesmen the Powerhouse of Industry Another speaker is Wallace Vallace F. F Bennett intermountain Lain representative representative representative represent represent- of the National Association of Manufacturers who will talk on Our Greatest Sales Joseph T. T Butler of Salt Lake City is in charge of the program and James L. L also of Salt Lake City president of the group will preside Enter Oil OH Field Officials of the American Petroleum Petroleum Pe Pe- Co of Colorado were in Salt Lake City Wednesday to arrange arrange arrange ar ar- ar- ar range for entry of their firm into Utah oil activities J. J Carl Cail Craft secretary treas of the Delta Colo Cob company said that there is no other place for oil prospectors to go Utah is the last area in America that offers opportunity for tion He added that exploration here was five years behind what it is in Colorado The company lists its holdings as about acres of oil and gas leases in Delta Montrose Ouray and Bent counties in Colorado Colorado Colo Cob rado and San Juan county Utah Most of their leases are near Ridgeway and Delta Colo Cola they reported The firm recently acquired a coal mine in Emery county Utah and Mr Craft and Kenneth J J. J Parks president visited that property Tuesday Mr Parks announced appointment appointment appoint appoint- ment of A A. Lincoln Thomson editor editor edi edi- tor of oC the Stockman's Review as public relations agent for the firm Arrangement for sale of the oil firms firm's securities in Utah are being made Mr Craft added |