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Show The Rational Enterprise, December 22, 1976 Page nine Oh Great Spirit, Denver Firm Sold to Howell Corp. Bless Vail with Snow HOUSTON Howell Corp. (OTC) has announced the percent of the h common stock of Inc., of Denver, Colo. owns oil and gas reserves of about 1.8 million barrels and serves as pruchase of 81 Petro-Searc- Petro-Searc- h general partner of various limited partnerships owning reserves of about 17 million equivalent barrels. The company is also involved in the development, sale and investment of oil and gas income and exploration funds. Continued from page three attendance, and six consecutive years of growth in net income, ($1.7 million in the year ending April 30, 1976, a 28 percent increase over 197b) Vail this year committed itself to a $5 million expansion program, including the restor- - BMOKEKSs ation of the original lift capacity at LionsHead. opening of 60 acres of new trails, and the replacement of two gondolas at Vail Village. In total. Brooks said, the company increased skier capacity by brother of Harry Bass. Vail director and now the owner of 52 percent of Vail stock, acquired through a something just under 20 percent, from 18,780 skiers per tender offer completed in Sephour, to 20,740. But no one tember through his oil comdreamed Vail would have no pany, Goliad Oil and Gas Co. Brooks admits the immediate snow'. Or did they? A portion of question which came to mind the capital improvements at Vail when Harry completed made this year, Brooks said, the offer was whether he included additional snow mak- would merge Vail with the Of the reSnowbird. Ofmoney-losin- g ing equipment. 57 54 total acres, sort's arc ficials at Snowbird deny hearnow covered with a complex ing rumblings of that sort and network of air and water Brooks insists that Bass aspumps, underground pipes, sured them he had no intenhydrants, hoses and snow tions whatsoever of merging guns. anything with his brother. But like a Snowbird offiThe syndrome is not unique to only cial said, "Theyre brothers. Resorts Of course there are going to be Colorado, though. throughout the West seek friendly feelings between comfort knowing their comthem. Who knows? ' ir Research Fuels Completes Purchase Alpha Group Ltd. is a newly formed national marketing network dealing in OTC financial PR advertising. We are currently selecting regional representatives who can-ia few hours a month-augm- ent their current annual income by as much as $10,000. If you are a savvy, PR oriented broker, you can work with us while making your regular corporate contacts. Our proposition is solid, lucrative, and worth your investigation. Im Raymond Peterson. Call me collect at (801) Youll find the details attractive. 533-055- PHD OOP qjD. Salt Lake City Denver younger petitors aren't making money 6. n Research president and chief executive Fuels Inc. (OTC 1.25, 1.625) officer of Research Fuels for has acquired substantially all an initial period ending Dec. the gasoline, marketing, and 31, 1979 and that Baldridge convenience food store assets was granted a five year warof Span Oil Co. for a cash rant to purchase from the purchase price of $791,262, company about 967,588 shares plus the assumption of certain of the company's common liabilities amounting to about stock at prices ranging from $1,125 to $1,375 per share $577,577. Included in the purchase subject to the company's atare all of Span's interest in 65 taining certain earnings per full service and self service share during the next three retail gasoline outlets and 14 fiscal years. convenience food store facilResearch Fuels added ities operated under its "Good that it agreed to nominate Baldridge and his designee for Neighbor Food Shoppe election to the company's name. Research Fuels said that board of directors at the E. Earl Baldridge, Jr., presicompanys next annual dent and principal share- meeting. holder of Span was elected HOUSTON v Across the way in Utah, Dick Bass, owner of Snowbird, is suffering too. Dick is the no-sno- w Augment your income with our organization (without leaving yours). w either. Oil & Gas News Anschutz Oil Corporation, Denver, began work on its wildcat well, the No. 28-- 1 Anschutz Ranch, in the Pincview field last week. Anschutz is drilling below 2,000 feet on the projected 9.700 foot Nugget formation test. According to Carlton Stowe, minerals specialist, Utah Geological & Mineral Survey, production in the Pincview field is now running about 4,670 barrels daily. Meanwhile two closely watched exploratory wells are being tested for results just to the north in Rich Countys Woodruff and Randolph area. The American Quasar No. 23-- 1 Putman, four miles southwest of Woodruff, is drilling below a depth of 7,000 feet, and the No. 1 Hoffman is below 9,500 feet, southwest of Randolph. Both test wells are scheduled below 11,000 feet, Stowe said. Oil and Gas Leasing Tops Interest Stowe also reports that land interest in Utah remains high. Participants involved in oil and gas leasing in the state last week filed applications on federal land numbering more than 241,160 acres. The past weeks filings mark the fifth consecutive week where oil and gas filings recorded at the Bureau of Land Management in Salt Lake City exceeded 200,000 acres. |