Show iti 00 BIG CONCERNS I IN Oil HERE HEREn n ard of Ohio and Mid Mid- I est Said to Have Made MadeM eals M in Grand Cou County ty K Ing Cording ord ig to a telegram received In lake today th the Standard Oil on Com Corn has t taken ken over the holdings e Western Allies Oil and Gas com com- nn I Grand county on a 30 per cent jand and the Midwest t company compan a Stan Stan- subsidiary has a acquired important n the Salt Valley which b between tween Thompson and aid the Moab 3 dispatch sP states state that the arran arrangeS arrange arrange- S between the Ohio company and the CE ern Allies Include the completion n by tankard well brought brought- near Moab by the Western that the plans plan's ot of both the theand theand theand and the Midwest are for an extensive of both the Moab And the V Valley Uey fields W was s Impossible to confirm the state- state in the dispatch but it Is TI that representatives of both theand theand the theand and the Midwest companies visited rand county fields immediately after atter announcement was made that a well been brought In near Moab and it ill so declared that these I expressed themselves s as I b being most i fue ably el impressed e S with the geological and the prospects for tor develop develop- il large g production n era eral l outside u eu companies les It Is known acquired holdings of greater or less the vicinity of Moab and in alt ait Valley f field W while others e are e be- be l' l 4 f formed In Salt Lake ke Den and ander c er erto to develop lease holdings I addition addition- as s previously announced and Utah Consolidated have shipped rigs to the let and will at once begin active dement dement dement de- de ment operations sing irig of ot the Gustaveson company employed in drilling well No the Diamond Fork field The water ils swell well has baa been cased off and the now I. I la 13 down feet with the good continuing according to re- re j 1 |