OCR Text |
Show Exploration plan signed Louisiana Land & Exploration, Explora-tion, Denver, and the Marathon Mara-thon Oil Company, Casper have reported to Mr. Carlton Stowe, Utah Department of Natural Resources mineral specialist, that they have signed sign-ed an agreement under which Marathon will operate a program pro-gram of exploration in northeast north-east Utah's Overthrust Belt area, earning a 50 per cent interest in well drilling acreage acre-age to be selected from a 230,000 acre spread of oil and gas leases held by the Louisiana Louisi-ana Land & Exploration. Marathon Oil Company exploration ex-ploration department geologists geolo-gists and geophysicists are preparing to undertake an extendive seismic study of the area which is generally west of Wanship, north through Morgan, east of Huntsville, through the central portion of the Cache National Forest area to the Idaho state line, and areas extending east to the Wyoming-Utah line. Utah counties involved include in-clude Summit, Morgan, Rich and Cache. No estimate of the number of wells to be drilled will be made until seismic information is available. |