Show Casing Nearly Down at Shafer No 1 Well The running of the casing at the Shafer No 1 well on the Cane Creek structure southeast of Moab 1 should be completed Friday and tools should be in operation by Saturday The situation Is Interesting inter inter- esting according to geologists of the Utah Oil Refining company and officials here are waiting for news When drilling operations were sus- sus pen ed a sand had been struck which shot oil over the derrick but the tools were blown up in the holby hole hol by the force ot of the thc pressure and bridged WIth the casing run rundown rundown down it may be necessary to do some cleaning In the hole No new developments are 1 known to have occurred in any of the southern oil it was stated At the J. J H. H Shafer No 2 well the drillers are having trouble with a caving formation with the hole goIng goins go- go ins Ing through a cavey shale at about feet On the Elkridge structure structure ture the hole Is being straightened and the well on the Cedar Mesa 1 structure Is down about 1250 feet None or of the tests in the southern part of the state are at sufficient depth as yet It is reported where oil sands are expected |