Uintah Basin Standard | 1962-11-08 | Page 9 | Eastern Utah is Possible Site for Helium Plant

Eastern Utah is possible site for Helium plant Congressmen M. Blaine Peterson and David S. and Senator Frank announced following an exchange in views with key personnel of the Department of Interior that they arc encouraged concerning the installation of a major helium extraction plant to be located in Eastern It is estimated that 20 of the known North American helium reserve is to be found in this key Congressmen Peterson and King and Senator Moss said that legislation necessary to assure total helium conservation will be introduced early in the next session of the There is every reason to think that this legislation will be speedily The Helium Act of 1960 encourages development of helium extraction facilities through private Complete private financing for an eastern Utah extraction installation has been proposed by Rare Gas Re of New York and Salt Lake Rare Gas President F. Hamilton of New York and M. E. Vice Salt have emphasized the efforts of the corporation during this last year in Helium reserves together with on-site plants Rare Gas is prepared to start immediately on this helium project Both Congressmen Peterson and King emphasized that the establishment of a major helium extraction facility in Eastern Utah will not only stimulate employment in the area estimated additional new but will afford additional reserves necessary to future industrial development this portion of the state and provide substantial added royalty income to State and Federal Always look on the bright side of but if you are buying it's well to look on both