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Show Paraho leaving Colorado, continuing Vernal project Paraho Development Corp.'s 10-year lease at the government-owned Anvil Sints oil stole research facility in Colorado has expired and the company is pulling out because it was unable to extend the lease, a Paraho spokesman says. Harry Pforzheimer III, public affairs " vice president for the Grand Junction-based Junction-based company, said Thursday of last week that the lease expired Monday. "This was no surprise," he said "We did make a number of attempts to extend the lease, going all the way back to 1976 and more recently, so we could extend our retorting and operations. That was unSuCc!; we're going through a formal !? abandonment." 1 h. He said that during the ,, four months, Paraho will red work force at Anvil Points f current 65 to 20 to 25 people ' Paraho will continue its par project, located 50 miles souiil ' I Vernal, Pforzheimer Said ' company hopes to build a 42 1 a-day plant at the site for $2 5 bill-said, bill-said, and is trying to securer, ' for the project. |