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<br />Sponsors of Colorado's fir'st l:trgc-scalL' oil ~hal('
<br />d.c\"l'lop:nenl projc\.t (':'\pl't"s~l..'d hope ;\londny th~ll
<br />thf'ir ;l.O~\.acrc \\'estCr\l Slope tract not only will
<br />yield ;jll,()(I') b:tlTcls o( {'l'wlc oil a rl:lY by 19SO, but
<br />;llso tl1>' ljO,OOO to 300,000 lJancls of water a day
<br />I\Cl.><INl to produce it.
<br />Wh('~l1l'r adequate Wilt ~ r
<br />,"".uml' ('x:i~IS Undt'f!:wund is
<br />;tJ~.t onE' d man~' qUI'~tions
<br />sur:d;tr,\ 0;1 (;,_ (.f Indian3
<br />;md th~ Gutf OIl Curp. inh"fHI
<br />to answer ia I!\e I1t.:o,:t Inn"'!
<br />ears.
<br />~rok('sm('n for the lwO oil
<br />r,ia:m s::.kl. ;\!I>nd3~' th(')' wilt
<br />submit If!{()re Tr.~~l!3Y a 91.1.
<br />rag.:! prl!lirninary mining 1'lan
<br />t.l 111e 1nlerior J)j>pntml"nt,
<br />(It\tlinir.:: thl' studil'S to lx- com.
<br />r,!dl'U 1>l'iore construction can
<br />bc&in In 19ii,
<br />In biortin.... earner t hit
<br />month, Sl:\ndarll nnd Gulf won
<br />th~ rl!."t'.t to den'lop Ihe tr3ct,
<br />Nli!' ot si-" In Culor..clo, \\")'0-
<br />ml~:: and \.:tah \\hidl Ihe In-
<br />terior I:h"I\al1:11Cnt plans to
<br />ll'ase,
<br />"II ma)' ap~ar that this
<br />\'C'nlure It Il kad.plpe cinch,
<br />1\1<1 U;ere are some ul'grt'('s of
<br />ri,~." In\'olwd for Ihe industri.
<br />al bid{\c"rs, Guln S. ,\. Z:ll\:no!i
<br />saki :.londa}',
<br />Chier tlmOllg 11\",sl', officials
<br />nid, Is \\bat Ihl' markc-t [1rice
<br />fur crude oil \',lll bl' in 19"Qand
<br />bc-','Gnd \\h(,,111h(' llrs! shall.' 0:\
<br />bl'::i):n~S3\'ailal'I,'for mtlrk.et-
<br />In;:. Torlay's wllJly <"sc-al:J.l!n;
<br />!'Idee of dl'ml'sti(" an,\ [,>rel;.:n
<br />~'r\idtooil 01:1\' not bl' (I rdillble
<br />p,lid(", s:lid::-' C'Jshin:!; Smith.
<br />St:l!'\(l:tni's \'ir~ Pl'l""i{knt for
<br />eor[>Ofale plannin;; and de\'d.
<br />optr.€nt,
<br />Ellt "shall.' oil, wc h<o1i{'\'C,
<br />
<br />can com(lCtc on a ('(In\\'ntlooal
<br />basis" \\-ith other crude 0~1
<br />soure<,,5, he said,
<br />Oth<'r rio:ks include un!orl!'-
<br />s(''''' prol1lems in millin-.; h'eh.
<br />no\rol1:Y, and the h.lro.to--aso;ess
<br />c(/'>t o! fcSluring th~ e:,\irol'l'
<br />ml"nl,Smithsald,
<br />The qu("stion of \\-3{er also
<br />rl'mains to re answer"d, Of II.
<br />dal~ <"st,m"te It will ta~,(' tl'1ree
<br />t,) six b,."\rrels of wat("f to I>ro--
<br /><'lure 8. barrel ot shale oil.
<br />The)' ^,c!tno\\-Iroce th<lt tht!
<br />\\'ate-r can't be rc-col"c-red for
<br />other uses, Th~ blllk of it
<br />would be uS-('d In compaeti11li:
<br />the larre quantities ()( srole
<br />lelt allt'r the oil Is extr:l.cted,
<br />Smilhsai{l.
<br />If the Gulr.St:mdard pro;cct
<br />limits rrodurlinn to 50,000 bar.
<br />rels of 011 a day, the \\-11'1"1'
<br />roold possibly com e fNtn
<br />bracki~h nqUl!t'T'S und('(' the
<br />tral."l. But ('-"pan~ion or thlt
<br />proj('ct to douule IIi capadty,
<br />would reql.lire purchase ot oU.
<br />sit!" w.:.t<"rrightS,
<br />,\ 100.00) baITd.a-<!ay oper3'
<br />tion ('vuld conS-Ullle 3S much as
<br />nine billion !::allon' o( \\atcr a
<br />"ear _ abollt (mc-eh;hth the
<br />~'olum!" con~um",d annually by
<br />the Dcn\'("r \\,ltP\' &~ard's ~jO"
<br />()I')1 customers in the n\€ll'O("oOli.
<br />tan area,
<br />Anplhc-f qUl'stic,n II' yet
<br />unanswl'rl"d Is \\hat mlninl;
<br />ml.'thod will be' U"-N, Those
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<br />t:."r'c~ .1f.:)r4
<br />\.J oJ' ~j u '..,il
<br />
<br />undrr ,'j)n~i,ll"rati(ln <\re oprn.
<br />pit and 11ll'undl"r;:ro\lnll mClh-
<br />00. 7,.tl.::or>li indicatl",t Ihe O{Wn-
<br />pIt ml"lhod \\'n [a\'Of("J for
<br />economic:' fl"a~I'lIS. w;lh \mder.
<br />r;Ntmd ron'lln;; us.ed to.> aug.
<br />IlH.'n~ rc{-u\-er)' r.c-ar t~p bor.
<br />dprso!" 'r:let, But he strl'ss<"j
<br />t h a. t ether ~;;ible nlinin,;
<br />t{"dmo\c\~', indudins- the (0....
<br />r"r1m("~t3t "in.situ" 3rrroach
<br />in\"uldns; rcro\N)' by und...r.
<br />j:round combustion, would be
<br />ccr:~;d"r('d before any lledsion
<br />Is re:J\'"h!"J,
<br />The {ir.:1l min!n!; p\.1l1 wi1( be
<br />sl.lhr'llitted U)' the lnteriof De.
<br />partmcnt (ur publlc comml'nt
<br />hi.",~re any action is t3:,en 00
<br />It,Smithsaid,
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<br />IV\\ONlrA1L\DOt~
<br />
<br />1631 C..tdomid Strf"f"t
<br />
<br />OUR. ANNUAL
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<br />16j2C.:Jlifc
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<br />Cordially invites yo
<br />Resort and Sp
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<br />Ll^t C
<br />i- iJ=-'-\!-r.....
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<br />Wednesda\
<br />January ~
<br />
<br />Mr. Ken Latham, Halste
<br />wi!1 be with u:
<br />
<br />Informal Modeling
<br />10A.M,to4P,M,
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