Show OIL NEWS I Reports from tram Federal OH all comI company company com com- I p pany ny this week Indicate that operations operations op opo op- op center around coring at atthe atthe the 1495 foot depth Operators have been encouraged during the past week by signs of ot oil appearIng appearing appearing appear appear- ing In cores taken from the hole The Federal well Is located on the Bowknots portion of the Big Dig Flat west of Moab The James Menor George Aubrey Government No 1 I well west of Valley City was wu reported drilling at 44 feet this week Confidence In the future of the Southern as s a major oil region was signalled Aug 29 by Shell Oil Company when it revealed revealed revealed re re- re- re that it has established an exploration and land division head headquarters headquarters headquarters quarters in Durango Colorado Announcement of the change was made in Los Angeles by S. S F F. F Bowlby Shell vice president In charge of exploration and production production pro pro- I In the western United Sta States tes The new division office will direct direct direct dir dir- geological exploration and land leasing southeast of the Colorado River and west of the Continental Divide A major portion of the operations opera opera- will center around the Four Corners Comers said complementing complementing complementing comple comple- activities of Shells Shell's FarmIngton New Mexico production production production pro pro- division established last spring Named to head the exploration division is Donald W. W Gresser of Durango Frederick W W. also of Durango has been appointed appointed appointed ap ap- ap- ap pointed division land manager Both men have been active In Inthe Inthe inthe the Four Corners area in their previous capacities of district geologist geologist geologist ge ge- and district land agent for Shells Shell's Salt Lake City exploration exploration exploration tion and land division Other staff appointments include Include in include In- In clude J. J A. A Peterson Salt Lake City as division and R. R P. P Thomas also of Salt Lake City as division geologist Formation of the new division will enable Shells Shell's Salt Lake City division staff to concentrate on the other important sedimentary basins basin in the central Rocky region Bowlby stated |