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Show OJI OJPermIt 0) 0 OJ ) I ' Permit 1 ' Ic ( Bo BoTraded Traded in m For Lenses Leases LensesSeveral Several thousand oil 011 and glis glisprospt'cUng easprospectlni prospt'cUng prosptcUng ' permit permits * on government governmentland ( ovemmentland land In Utah and Bnd other states statA . w I 11be ] be exchanred exchanged for new Kovemm govemmt < I i I Ileases tleases leases under procedure proct"dure proctdure " discus disc\\ disc disct'i \ ! ' \ . . t'i\ t'i ti t'iat MIat ' \ at a national conference conferen'e conferene ( ' In "HIt HIt "HItLake " SuliLake Lake last weekThe week weekThe The ( ' conference 'onference onference attended I 1 1some \some some \ , some 35 district land office officf ' ( (111 111 ( hi r rclerks fclerics clerks from various vl.rlous vlrlous ! . parts of U Ui , Itt IttdStates ct ctStates States and prominent offlc1al officialsfrom trom Washington D C Is Ironli Iremh g- g - gout sout out a maze of clerical details detalls It Itaccomplish t taccomplish < accomplish the wltch switch with a mint mintmum minimum mum of red tapeOfficials tape tapeOfficial Official Officials * estimate there are art ' 7 7000 000 oil oU and raa gas prospecting perml permits permits.till ts ts"t111 .till till "t111 t111 " . outstanding About 4 4000 000 of ofthese ofthese these terminate ternUnate Dec Dee 31 1938 1 3 < but butunder butunder under congres.sional congressional con re . * lonal act they cal calbe caibe be changed chanlfed tor for federal leases lea\'s lea 's s ' \ ( on onthe onthe the land providingapplication providing providing- - application L Lsmade ' made before the exptra expiration tlon d dilcThe \ te teThe The other 3 000 ( ) pi-mils pi mils permits - do not ex expire expire pire until untU Dec Dee 31 1939 1939Substitution 1 39 39Substitution Substitution of 1t leases I\M'i I M'i Mi \ ' ' [ tor or per permlts permtts mlts will wtll put the gO\ gO to\emmei to emmei gOemmel \ \ emmel t t I Irfl \ ro rfl s srtor -rtor rtor o'tor otor - ( ' relationship on a more morp defl deflnlte detlnite nlte basis b'I b \'I 'I I \ . ' It1M It \ wa-s wa s \1\M 1 M - explali explnh t"d td t"dt p " < l \ it \t t It Itr t tp p r riferencc T1fprt"ncf T1fprtncf " ' The ne1lea.I new ne\1\ ne 1 \ lea.Irl lea-ses lea ses lea.I leaI . - . ' ' \rl\ rl \ irr\provision irr provision rlprovi'iion \ \ provi'iion proviiion ' for a royalty1 royalty \1\ 1 \ wlilrh 1hkl1 hkl1 \ ir irIt irIts It \ with prod Ictlon ct Ion of oil 011 al i I 1 K IC l- l - land i-and i and - and niso also provides pro\lde pro lde \ " [ for or an all HI III HI HII nllental I ental of 50 cents cenl'i cenli ' per acre aCTI ' r r reach reach each ear thereafter therelifter thereafterTl therelifterTI Tl TI f P prnntts pprlllits container contalnt"r1 contalntr1 " ) i re rf ' 1 1pr 1provisions pr wl\ions wl ions ' \ When oil oll 01 g-a g a - RUS w \ i if f ) " , srovered covpred a lease If"a\e If"a Ifa e " ' \ u ' " as It'i Iti ' s ' \ bslit b.tH btH . i 1 t d d1.hlch dwhich \1\.hlch 1.hlch 1 .hlch hlch \ . provldtd for Ixth Ixtl1 tie lie PH\ PH PHmel1t PH\inent PH inent \ mel1t of royalty and r-ntal r ntal r'ntal rntal - " ' Dw r-c r c ) ( - ; t < ret News |