Show r I Carter to TeSt t In Area North of Cr ig ai In what is expected to be one of the largest exploratiOn pro pro- pr o- o grams programs ever undertaken In Colo- Colo Colorado Col rado the caster Carter OU on company has as mapped laDs the area north of Craig A contract for drilling of a f t oft Carters Carter's first test 00 on Craig structure has bas bees award award- awarded w wd d de e ed to the Nobel Drilling Com eom- Company pany and drilling equipment a is expected to be moved move to the site The initials test site is about 10 miles mUes north ot of Craig The formations s to be D penetrated ed Include the Wasatch Ft Union Lance Lewis and ande Mesa Mesa- esa- esa verde e with a all I sands in these thes formations to be tested for their oU oil and gas possibilities It is believed that all can be reached within feet The Carter on Oil Company leas leas- leased leased ed acreage In the North Craig Inless area in the summer of 1945 In Inless less than a year they had map map- mapped ped the area prepared a uniti- uniti unitization unitization agreement The drilling of The North Craig Unit No 1 well is belies ed to 10 be the first drilling opera opera- tion operation In one of the largest and andi i i most comprehensive exploratory tory programs in the history of oil development In the state of Colorado The Carter company has un un- under der lease a great block bloc of land consisting of between 75 OO and acres lyng between Craig an anti the Powder Wash Washfield field 75 miles mUes northwest of of Craig Since the surface In the area is Tertiary f sur- sur surface face geology is not entirely re- re liable reliable and the company has us- us used ed both surface indication and I seismograph In locating the first test of the area It Is believed that an anticline runs through the area from the northwest to the southeast and that further study and explore tion of the area will show a num num- bet ber of highs on this anticline e There lire are Ii a large number of places where bere may have created oil reservoirs reservoirs |