Show atlas uranium co acquires oil gas lease in colorado moab utah dec 23 atlas uran ium aum corp today announced it has acquired additional gas and oil in teresta in m la plata colo J JC C burgess president of atlas said the company has bought a one eight interest in the mineral rights on 1080 acres in the picnic flats ar ea southwest of durango colo the tract is within a mile of a producing gas well recently drilled by the southern union gas co burgess said and close to numerous erous other producing wells atlas and others purchased half the mineral rights in ae block from claude A decker well known la plata county rancher in a trans action handled by jack rutledge durango attorney burgess said it is possible the tract will be drilled within the next year atlas uranium previously had ac quiren an oil and gas lease on adoth er 3 1110 acres on the durango anti dine cline of la plata county the corn com pany recently announced a copper deposit valued at 2 has been blocked out on atlas property in the lisbon valley southeast of moab |