Show Major Os Give Oil Shale More Emphasis Oil shale in western Cola rado and eastern Utah in- in including holdings in County's Bonanza area are getting continually increasing attention from the major oU oil companies The Intermountain West's minerals industries continue potentials to be animated by the poten- poten potentials of oil shale reduction something which has been a apart apart part of the regions region's history for half haIr a century World OU Oil Magazine for July again poses questions on the economics of reduction of 1 trillion or more barrels of shale oil contained in forma forma- formations in Utah Colorado and southwestern Wyoming THE MAGAZINE directs its attention to the progrAm made by Oil Shale Corp in inthe inthe the mining and reducing of much of which has been reported previously by bythe bythe the firm and by Denver Re search which has conducted pilot operations on the process for some time Utah's recoverable reserves on a like basis are placed at billion barrels I In fact little actual pros pros- prospecting prospecting in terms of reserve evaluation has been conduct conduct- conducted ed in either Utah or Wyoming and much such work still is needed in western Colorado However it is important to note that major oil companies tOI are moving either to get a foothold in shale reserves or orto orto to expand existing reserves should oil shale extraction become commercial In the future AS OF THIS date World Oil credits Standard Oil Com Com- Company pany of California with reserves serves selves of more than nine bil billion lion barrels assaying 25 gal gal- gallons gallons lons to the ton or better in the Creek Rifle area Union on Oil Company of Cal which w spent a consid consid- considerable erable sum in developing an anoil anoil oil shale retort that never saw commercial operation north of Grand Junction Colo is given reserves of billion barrels UTAH IS expected to reo re- receive increasing attention from oil and chemical firms who do not now have a stake in physical ownership or orlease orlease lease of shale reserves Among the oil companies that have not yet apparently I take a position are Standard i Oil Company of Indiana i Standard Oil Company of I Ohio Atlantic Refining Co Marathon Oil Co and Sun Oil Co |