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Show Phillips Locates Hew Wildcat Well In Uintah Go. 'Phillips Petroleum Co. has staked location for its important Two Waters Unit No. 1 wildcat in southeastern Uintah County. The Unit No. 1 well . will be drilled-to a depth of 8,500 feet !n the center of the southwest quarter of the southwest quarter quar-ter of Section 22, Township 14 South and Range 25 East. Apparently, Phillips will use its own ' drilling equipment in sinking the wildcat. The well will be about 55 milAo c;niT.tihwet rvf Ran.eelv. Colo. Others participating in the 7,829 acre unit include Stano-linid Stano-linid Oil & Gas Co. (from whom Phillips is taking a "farm -out" of the properties); Standard Oil Co. of California, Seneca Oil Co., Union Sulphur & Oil Co. and Utah, Oil Refining Co. area refining and marketing concern which, shares one-third interest in the region in aU stanolin'd drilling tots. The "State of Utah has slightly more than 680 acres in the unit area. The remainder is federal land (6,025.75 acres) and property pro-perty of Uintah-Ouray Indian tribes. Prospect for natural gas and odl in eastern Utah and western Colorado has heightened since announcement by Pacific Northwest North-west Pipe Line Corp. of its plans to build a natural gas transmission facility from San Juan Basin to Spokane, Wash. The Two Waters wildcat is seen as a reflection of this program. |