Show UTAH OIL REFINING SELLS GAS RIGHTS TO ACRES NEW WELLS TO BE DRILLED sale of the rights of the utah oil refining company to apply natural gas of acres near cisco m grand county for carbo native purposes to the united carbon company a corporation was an friday by john howard president of the utah oil refining company the united carbon company will take possession within the next thirty days conduct drilling operations erat ions and construct a plants for the manufacture of carbon black the total investment will be in excess of t the announcement was made by mr howard following authorization obtained by the oil refining company from the department of the interior and the united states bureau of mines to use the natural gas of the cisco territory for carbo native purposes the plant for the production of carbon black will be locate in the gas field twelve artiles north of cisco the nearest rail point and served by the denver ro grande western the utah oil refining company has proved the gas field through the sinking of two test wells at a cost of gas was encountered in one well at 2200 feet and in the other at feet gas in the first well had a volume of cubic feet when encountered and the present capacity of the well is cubic feet gas in the second well was budded mudded off the consideration for the purchase of the utah oil companas comp anys rights was not announced by mr howard operations of the united carbon company will include the drilling of wells the construction and operation of a pant for the production of carbon black and the establishment of a truck transportation service from the plant to cisco the united carbon company incorporated corp orated in delaware february 19 1925 has acquired the plants and i business of fifteen companies the company now operates thirty three plants with a daily capacity of pounds of carbon black and nine plants for the extraction of gasoline from natural gas control is held by the company to a total gas acreage of approximately acres and producing wells in louisiana kentucky and west virginia with an approximate daily flow of cubic feet of natural gas the balance sheet of the company as of february 14 1925 shows assets of the company at a total of divided into lands and equipment wells and pipe lines inventories 1 and cash carbon black a very pure form of carbon is made by the combustion of gas in a scanty supply of air and is used extensively in the making of black varnishes and printers inks and in the manufacture of automobile tires the use of carbon black in automobile tires when mixed with rubber and other materials is of recent origin but this usage has been found to be of advantage and great amounts of carbon black are now being used by tire manufacturers five moab young ladies who taught in the outlying schools of th county during athe past term amad home this week they are miss ada taylor westwater miss zola cisco miss faye robertson elgin miss bethel watts thomp sons and mrs ramona williams castle valley mrs williams following a several days visit with her parents at moab left yesterday to join her husban dat los angeles |