| Show Atlas 1 Uranium Buys Colorado Oil Gas Lease Atlas Uranium Corp disclosed today oday it has acquired an oil all and andas gas as lease on a block of more than acres of land in La Plata county Colo Coto Atlas President J J. J C C. C Burgess said the lease includes holdings of three landowners on the Durango Duran Duran- go jo anticline anti southwest of Durango Duran Duran- go near the area known as Ridges Basin Atlas Aas has agreed to drill at least leaston on ont om wall wn w tl to the Dakota formation in th the next 12 2 months Burgess said The land leased Is near the route of the Pacific Northwest pipeline Several miles to the southwest 1 Is the Huey No i 1 gas well wen which reportedly reportedly re reo re- re I is producing over 30 30 cubic feet of at gas daily dally Still stilt closer to the Atlas land is the Hathaway Hattaway well which is starting start start- bag ing n Ii deep oil aU test In addition to oil and gas rights Atlas AUas acquired uranium rights on property of the three landowners Burgess purgess said |
