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Show The National Enterprise , June 16, 1976 Page nine DiEnco Lands Gulf Contract SALT LAKE the receipt of contract from Resources for a and mill in CITY-W- ith an insulation Gulf Mineral uranium mine Grants, New Mexico, DiEnco (OTC 1.25, 1625), Salt Lake and Houston based diversified energy company, enters a third major growth industry. DiEnco has been awarded initial contract of $3,750 the and additional work to be performed on an hourly basis. Company president William J. Carter said he doesn't know the total dollar value of the additional wrork, but he anticipates it will continue throughout the duration of construction based upon DiEnco's performance and the need for services. The Gulf project w ill be under construction for the next four or five years. Entry into the uranium mining and processing industry gives DiEnco a third major growth industry in which to perform its services and pro Flynn Well Successful five other locations, all on e Energy Corp. (OTC 4.375, spacing in the same 4.875) announced the complegeneral area, now being pretion of its fifth successful pared for drilling. Gas prorecent gas well in the South- duction from the Clark well, as east Enid area, Garfield Coun- well as from four other recent ty, Oklahoma. completions, is being readied Don M. Flynn, company for production and will go when negotiations president, said the Clark 29-- 1 well in Garfield County, Okla- with prospective purchasers homa is the fifth recent com- are completed. He anticipates pletion in that area southeast that these negotiations should of Enid Oklahoma. The well be finalized by June 15, 1976. had a stabilized flow test of 2.225 million cubic feet of natural gas per day plus 36 barrels of condensate per day from perforations at 6,650 to 6,770 feet in the Mississippi Lime formation. The well was tested through a 3264th inch tubing choke with flowing A quarterly cash tubing pressure of 800 dividendregular of seven and one-hapounds. Shut-i- n tubing prescents per share was declared sure was 1,950 pounds. Board of Directors to Corp and by the Flynn TULSA, Oklahoma-Fly- nn 160-acr- on-strea- Four Products New atLogicon vides a broader base on which the company can grow, Carter LAS VEGAS. can Newspaper Publishers said. Instithe com- AssociationResearch DiEnco's initial area of work was in the insulation of mercial products subsidiary of tute in Las Vegas. They include an accountpetroleum storage and trans- Logicon, Inc. (OTC 3.75, 4.25) new four has announced ing system to handle most major portation facilities. In 1975, additions its to Logigraphic accounting and business rethe company expanded its automation porting operations; a low-coservices by obtaining con- line of tracts for insulation of storage systems for the newspaper system tailored specifically for daily newspapers in suburban tanks and plants for the liquid publishing industry. four The are and areas; a ammonia fertilizer industry. products exhibited at I the In the past two years, the being by computer; annual and a new editorial manageproduction display company has increased its ment conference of the Ameri terminal. sales nearly twenty-folNevada-Logicon-Interc- pre-pre- omp, ss st non-metropolit- an L-- micro-programm- ed d. Security Brokers, Dealers, Corporate Officials, Attorneys. m Grand Central Dividend lf hand for sweaty palms Energy its private drilling program stockholders of Grand Central. The dividend is payable on limited partners have a 75 July 1 , 1976 to shareholders of working interest in this well. He commented that there are record as of June 14, 1976. A helping Oil & Gas News Juristics Securities Law Seminars help you avoid problems under securities regulations. They're education on tape to protect you and your clients. Complete, current, concise seminars covering the field of Securities Law, you learn at your leisure from experts. Listen and learn while you commute to the office, while you have lunch, in the evenings as you relax at home. Exploratory wells are being drilled in several areas of Utah according to the information office of the Utah Geological & Mineral Survey. Notice of intention to drill approved by the Department of Natural Resources' Division of oil, gas and mining included three wells in Grand County, one in Sevier and one in Summit County. The three Grand County test wells are in the North Cisco Springs vicinity. They include two 3,500 foot drill holes scheduled by Willard Pease Oil and Gas and a 1,400 foot well by Crest Oil Company. In Sevier County, in the Paradise Lake area roughly 30 miles southeast of Richfield, Colt Oil of Grand Junction has scheduled a 4,100 foot test at the No. 1 A Paradise Lake. American Quasar Petroleum will drill the No. 10-- 1 Bingham in the Pineview field of Summit County, to at least 10,500 feet to test the Nugget formation. Elsewhere, northeastern Utah's Uinta Basin drilling remains steady. Gulf Oil, this week, completed two more producers in the expanding Altamont field, north of Duchense. Rachal-Jense- n Gulfs No. pumped 113 barrels of oil Voda was completed flowing 300 daily and the No. barrels of oil and 2,738,000 cubic feet of gas per day. Both produce from the Wasatch formation at depths below 8,400 feet. Chevron Oil is drilling at two wells in the Bluebell field Koch and conducting completion tests at a third well. Diamond Shamrock Corporation also Exploration, Shell Oil,' in area. wells scheduled the have Southeastern Utah drilling in Grand and San Juan counties are focused throughout Cisco Springs, Bar-X-, Agate, Gravel Pile (all in the eastern portion of Grand County) and in the Salt Wash - Long Canyon vicinity. San Juan Countys Greater Aneth field has several wells being tested by Superior Oil Company presently. Work is also being done in the county by Skelly Oil, Texaco Inc., Gerald Dickenson and Gulf Energy and Minerals. Cassette Seminars in handsome album with compendium 12 the small investment of only $100.00. Any one of the 12 sessions could save you many times its modest cost. All for JURISTICS 5-- C5 C5 Send for your Juristics Securities Law Seminars now. Juristics, Inc. 233 Parker, Suite 101 P.O. Box 11126 San Francisco, California 94101 Please send me the Juristics 12 Cassette Seminar on Securities Law. My check for $100.00 is enclosed. Name. Street Address. State. 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