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Show Spanallen Mining Acquires Bid Bloc of Cisco Land - Spanallen Mining Ltd., a B. C. Corporation, with properties proper-ties in U.S. & Canada, announces announ-ces the aquisition of 50 interest in-terest in 3320 acres oil & gas' leases surrounding the Cisco Springs Field inT.20S. R.23E. SLBM in Grand County, Coun-ty, Utah. Existing gas production pro-duction comes from the bru- shy-basin formation. Tejas Gas Corp., of Corpus Chri-sti, Chri-sti, Texas recently completed comple-ted a gas gathering line through this property picking up the Tenneco gas well in the center. By farmout agreement with Tejas Gas Corp. offset wells will be drilled on the Spanallen Spanal-len acreage. The first proposed pro-posed well to be drilled 1 14 miles northwest of existing production and 12 mile west of a recently drilled wildcat which is an indicated gas well. Tejas can earn up to 80 interest in certain blocks of Spanallen's acreage by drilling this and 3 more test wells. Drilling is expected to start immediately. |