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Show Oil in Rockich Rockies RockichS RockiesStirs RockiesStirs S Stirs ti tirs rs Leasc Lease LeascRcvision LeaseRevision LeaseRevision Rcvision Revision Call DENVER Cob Colo S Sept St.pt Stpt . pt 15 15"lew 15'ew 15Vew "lew lew 'ew ew " ' throughouthe oil 011 discoveries throughout he Central Rockies have havt havc . < ( n nhanced nhanced nhanced hanced oil men s burning de desir desirfor desmfor < ; lrl lrlfor for revision of 01 present leasmg leasing leasmglaws leasinglaws leasinglaws laws and regulations which whichthey whichthey whichthey they claim hamper and hold holdback holdback holdback back exploitation of the oil r resources < - sources of this part of the cOlin coon cOlintry coontry conntry conntryLargest try tryLargest Largest of the new fields is at atRangely atRangely atRangely Rangely in western Colorado Coloradowhere Coloradowhere Coloradowhere where many major oil 011 com corn companies cornpanics cornpanics panies panics are putting down well wells wellsand wellsand " ! and where there is activity over overan overan overan an area some 17 miles long Bnd and Bndseven andseven andseven seven miles wide with much muchof muchof muchof of territoryThis it already proven territory This is the biggest oil 011 strike strikehereabouts strikehereabouts strikehereabouts hereabouts since the disco dlscov dtscov v ry ryof ryof ryof of oil 011 in m the deep dLep dtep Tensleep sando sands sandsin sandsin ; In northern Wyoming s I'lk Ilk ' } tikBasin 1k 1kBasip Basio Basip late in 1943 Compared to toan toan Ian an East Texas or some oth othr other othertruly othertruly -r r < - r'truly 'truly truly ' major field fteld theseore these " - ire "lre lre -ore ore of ofmodest ofmodest Imodest modest proportions but they are arereal arereal : real contributors to the oil 011 need needs needsof needsof ' ! of the country andno and -no no < - enough nough ugh to toset toset set the oil men to dreaming of ofmaior " Geologically speaking the ex cx explorers cxplorers explorers plorers have left the rims around aroundthe aroundthe aroundthe the base of the moun mountains tams when where wheremost wheremost most earlier oil discoveries have havebeen havebeen havebeen been made in comparatlVdy comparativcly comparatlVdyshallow comparativclyshallow comparativelyshallow shallow strata and are now drill drilltag drilling Ing tag and exploring explormg down through throughthe throughthe the thousands of feet of sedlmen sedimen sedlmentary sedimentary sedimentary tary strata collected in m the cen con center conter center ter of such basinsThe basinsThe basins basinsThe The Mineral Leasing Act Ad of of1920 1920 provided that discovererscould discoverers discoverero discovererscould ; could not thereafter prove up upor upor upor or own public publlc lands on whIch whIchnonmetalhc whichnonmetallic whichnonmetalfic nonmetalhc nonmetallic wealth was found foundbut foundbut foundbut but that the whole public pubhc should shouldretain shouldretain shouldretain retain it as part of the domain and that developers si < ; slould t ollid mild pay royalties roYaIues ( t tIx tixkOVi thgiov : bOVf kOVi , < rnnll mint rnmtnt nt mit ntA mitAt ( , A At t a .I I . series sules stries of heariuga'4cent heariuga4cent heariuga'4centiy hearings hearing . ' ' cent- cent centIy cent.ly cently - . Iy e ct { ( deluded IIduded neluded by a subco sUbcomt4ttte sUbcomt4ttteof subcomw tttee ttteeof tttceof of the thL Slate S { / nate /late late jiate Public Landjt Lands Land * 7con COJll com.in comin , . 1111 lii tt tttc ttll ( C on 0/1 0 1 Ofl / a U bill introduce introducej | by byi byS c < i at dt r Joseph Jo"t.ph Jot.ph Jotph " . C 0 Mahoney Mahon y ot otWv o oWv oWv ( Wv mil fin mi i k b , who presided presided5 presided5tb resided , . tb thi oU oUn oUii oiln n ii ii (0 0 c l ( ( r 7 t U tl ( nded that the lawrfandn lawandri law lawand . and andIt It ri h , iliil lIutl ilitti ins ms ) ilS have held backex back ex ex- ex exp1 ex-pl ex pl - - . pi p1 i 1 ItlOl1 ttion itn n in 10 this region , . u-nd u nd undSOli andson - ,011 011 SOli . , I < ( of < f th them thm thitni -m m < - contended Ed that thatw ; tnatwi t tW W I tt tI ( I t ( jrifcinal Hlbmal trikinal purpose ot o ol ; the thel thehti he III heIII l ( hI , i 11(1) 111 I 1 > ti t ( ) i 1 . , so 50 u as to hold RockyM ROcky11 RockyMt ROcky ' Mt ( 11 ii t 11/ 11 iii 11pl / i pl P pttroleum ( troleum deposit deposl depos1g , as asi ast , I t i 'a a ' s . , c < rvt rv ( while exploring those thosein those'Ii ose oseIII III 'Ii Ii ' tli tll iii r p 1 pirts Irto irts ; of the natiori natioJi natioz natiozI . . I I ( { i I ! li I the original L thasing thasingA LeasingAt asfng asfngA A I t t tit tt ti I t < ( ( uvernment overnment gct gets geta a r rlS al 1- 1 lS 1I lSI , - l I iiiiiiiniin tJIIlmum tiriiintim royalty and in inI innwii I ( It rt W II It vi Vt V ( Ir irs its share roX ru ran ) upt tipI up tip t I { Ll.1 Ll1 12 < 2 . It i U c ' lL cent ctnt t of L } the _ e _ v Vattleof value W .of of . of ii t I kill kt 0 lit itt unaeF unaeFa UflUC a U DIU OJSiL DY DYc y yii III -c c ' S ' - , -ii ii - < i it r I ( 0 ( ) ) M thoney Ihoney the r royal royalty royalty Yal Yalty ty i 0 l I 0 ( l I l I tt to t i 1 maximum of 121 J,2l J2l , 2 2I 2I 2I I < ( i 0 ( 0 ( f I it t I ( n new discoV discoyCiies discoyCiiesno discoyein 71ie8 71ie8m m no Ih 1(10 110 ( ii ( ( lining lurlllg iou trig the WarP WarPor war , or wiUlin 'w-ftJi 'w w ftJi 'wftJisix ' witninsix - six . , IX 11 II nth nllis title , > , of its is ( termination terminationAn terminationAu An Au 1 J I l I II t.t tt > , > st . t < ; spring pring the InteriorD IntciiorD In Intciior ior iorDc Dc D < p J ( II > itiiuiit trOttot tlm trOt- trOt - lit tot reduced nduced the max max- maxIBIum maxmmlii maximum - imum IBIum mmlii royalty on old discoveries discoveiles discoveriesto , to 2'5 25 21 ' ' p pe pt r centOil cent 011 Oil m rni Inc { n f1 Ii are asking a straight 12 I 1 12 2 per pH pcr cent roya royalty , ty on all alloil alloil 011 oil Thl Thty They Y . say .ay ay this would simplify simplifyadmll1ltr simplifyadmiriistr simplifyadmimstr admll1ltr admiriistr . , ition Ihon and would not notredie notrcdu redie ( t ( the Federal iflconC- iflconC iflconCwhich income incOm incomewhich - - IrCdlH notIrCdlH which ( OmL umes Omfles ' ! bick b'1ck b1ck ' to the region regionin 10 in th the thl form forrii of allotments for re reIclam'ltlll reclamstimi reclamitiin clamstimi ' ) and other work , and andin andin Iclam'ltlll Iclamltlll 10 in p lymc sylli yinnt ( nt to tu states btates and sub subdIVl subdivisi subdivisn dIVl divisi , > ) ( II us ' > ' ' > since lJ1CC the Govern GovernIml Governli1 Governrniit li1 ( lit nt h Fm his is } iv ( raged slightly less lessth lessth lesstli Iml th ui 111 in ui1 \1 1 12 \ 12r 12I I 2 2r r r- rr ' - itr I ( r cent Lent royalties re reIcelph receipts receipts Icelph ceipts tlii tIll tiii I ( u-hout u hout uiiooit ii ! - , , hout It its , > experience experiencewith experiencevith experiencewith [ with vith piibli publl piilili 1ll1ds 1 nuis iliiS ( 011I oilTior oil 011 I | Tu TIn Tior ( y If ir < ( ils ilso 11,0 110 . , ( ) asking askmg sImp simpl simplificati simpiificati I IIlflLdtl IlflLdtl ificati II us los ' > which winch they say would wouldn wouldrltic wouldrcdiu n rltic ( d ( lilt < ( Ul iie tl U ii l e ( burd bllrd ( n of red tape tapeand tapeanI tapeand and anI ( ) tlH tl th ) < ( r l conctssions onc ( slons-for slons for ssions-for ssions < ; - - for in instat instai | stat . , tal l ( it (0 0 { tli tl1 iii it tt the thl tiot . new dIScovery discoveryproviso discoveryprovisK 'pn pn dIScovery'pn ' proviso > vl . , , II us ' > ' , ipply to all fields of of'whllh ofwhich ofwhich 'whllh whllh ' which III new mow W di dl cii coveries coverieq form a apart apart apart part I > is s in III ni III extension txtinsion l X t.t.nslOO tt.nslOO ttnslOO . , of an anolder anolcier anolder older olcier proven prOVLn provtn pool |