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Show The Sational Enterprise , September 29, 1976 Page twelve Burton Hawks Optimistic About Discovery Continued from page three June, he said. Oil and gas sales in July were about $77,000, up from the average of $65,000 in monthly sales during the first six months, and net earnings for July were $23,328 on operating revenues of $139,078. The companys gross undeveloped acreage holdings were increased 13 percent in the past five months, he told shareholders, with current interests in 319,000 gross acres in 10 states representing about 135,000 net acres. companys 1,440 acres oil prospect about a close-i- n offsett- mile from its recent gas discovery in Kingfisher County, Oklahoma, with the Burton Hawks-Husk- y venture owning ing production in the Cedar Rim Field in northeast Utah. Terms of the deal call for the BurtonHawks-Husk- y venture to get 50 percent of its Drilling to Begin lease costs back and three free BurtonHawks vice pres- wells to the tanks with a ident Guy C. Burton, Jr. said back-i- n interest after Oil DevOil Development Co. of Utah elopment Company has rehas committed to begin drill- covered its costs, he said. BurtonHawks will also ing next month the first of wells on the three start drilling in 30 days on a possibly about 75 percent of the working interest. Burton said the company has entered a shallow gas play on the Sweetgrass Arch in northwest Montana with acquisition of interests in 20,000 gross acres in Toole County, and new drilling by others around the companys acreage interests in the Piceance Creek Basin of western Colorado has renewed interest in that area. Shareholders Hawks, Burton and service. Let us help you pinpoint your market. Call us for an appointment. MAILING TRANS-AMERIC- A Div. of Trans-Americ- a Marketing Enterprise 531-658- 4 2285 S. Main !, Utah 84115 i kr r ", r W, & v, r .W. j- Secretary-Treasure- r William T. Miller as directors of the company. Reach every businessman in the West. by county, net worth, number of employees, or type of business. If you want to deliver a sales message to business executives, we can handle it with our complete list of over 20,000 businesses. Each listing is current with chief executive and his title. Target marketing at its best. In addition we have on our files 28,000 other types of listings, from sports enthusiasts to school teachers, from senior citizens to yacht club members, from professional men to credit card holders, from private investors to high school seniors. Plus, if a personal sales or thank you letter is part of your package, we can produce it at a fraction of the cost and time of your best secretary. We can aid in your communication problems too, with our elite answering re-elect- ed |