OCR Text |
Show County Figures I n News As Hig Envelopment One of Utah's biggest oil development devel-opment land plays is underway in Western Millard County, about midway between Hinckley and the Nevada line, is was learned last Tuesday. In townships 16 to IS south, range ran-ge 18 west, major oil interests and land speculators have assem-led assem-led oil leases totaling more than 100,000 acres in preparation for projected exploration. Holdings totaling about 36,000 acres are understood to have been assembled by Sinclair Refining Co., N. G. Morgan Sr. and Jr. of Salt Lake are reported to represent holders of 34,560. About 21,000 acre are understood to have been assembled ass-embled by Phillips Petroleum Co., Sun Oil Co. represents holdings totaling 15,00 acres. Although no announcement has yet been made, it was reported reliably Tuesday that Sinclair plan to sink a wildcat well in the area next spring. The leases center near Sevier Lake, 25 miles east of the Nevada line and about 30 miles due west of Hinckley. The present land play represents the first time major oil companies have shown interest inter-est in the area. |