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GENERAL31941
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GENERAL31941
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Entry Properties
Last modified
8/24/2016 7:54:47 PM
Creation date
11/23/2007 7:08:53 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
M1977424
IBM Index Class Name
General Documents
Doc Date
7/17/1986
Doc Name
TEMPORARY CESSATION REGULATIONS FILE M-77-424 AND M-77-530
From
MLRD
To
OCCIDENTAL OIL SHALE
Media Type
D
Archive
No
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'i <br />~, i~ <br />~~,.~c~~ <br /> <br />•~0~,0 f <br /> <br />,~ <br />• o~~f~~sa~~e ~o•pe~aaon <br />- `' dR~'ND .11~1~IC'PIOIi- fAPt = ."sli others are at the ezpsifntEi~ <br />(~fdsotal-Otl" t~ale'Iae.,: d/irx~minealLogan.Waehaadl9othere <br />apanding:baadceda•,oFm. work 'at the company's Ortmd. <br />doBare • to, develop; oB, ehate~i -: Janetlon oltlce... •. <br />western CoL[ado'a . Pieernge . AU DW 9 hand(utwilltl DeleW off, <br />at- t <br />v:s. <br />spoaeawaeam .. aepc. <br />1 d <br />T eada3. • ~ ~ ~ enelr <br />a- anbsidtarya at .. _ea <br />corp., rosf eet <br /> m <br />d~sa" ~ oe :haft <br />Ig d1cS ~t1tb ; tAe_ _ dram <br />.kr~,:... .. •.. ;, .-tract. <br />Bald ebe did not <br />Oceldental con- <br />auuon'.Ptoneertng a <br />ed In-alto ' technology ro <br />stifle oU Dy butvlag rock <br />a .mice, rather than <br />wlnR it [or surface bure- <br />Dr. Armand Hammer, Occiden- <br />tal chalrmaf. and chief executlvo- <br />oHlar, had pushed the company <br />toward o11 shale Development for <br />more than 90 years: <br />Talbert wld the rnmpany will <br />ask the U.S. Department of In- <br />terior for a suspension of Its 5,12o- <br />acre lease tract,calkd C-b. <br />That would enable the company <br />1s save the :91.8 million annual <br />lease payments but stW have the <br />option W return it otl prices go up <br />a [ICantly. <br />..; 3'aIDert said seven maintenance <br />employces wort at the C-b tract, <br />on <br />' The company also proved teak <br />reror3sLranesparlmeatilm}oaat. <br />;,;;eran'Waah, neat°Da9aque; _tDr.' <br />"With the prla W~ nB bel~n~g <br />dbvrn,Occldsnfal has ~ttst teaebid <br />tpe'deelaion.that it'a_tlme. to eua- <br />pend operattoaa; ' Tatbert wd. •' <br />,The tympany anoUter <br />aethack lash,yearwheoCon~ <br />killed= tpa U.S. - Synthetic Faev . <br />Corp. <br />Occtdeital had signed a letter ot•• <br />tent with the federal govero- <br />meat for 9319 bNlen to develop: <br />the shale oB tracts, bat loaf lta <br />"chances for she money when the <br />controversial . ayotuela program, <br />was shut down. <br />Lee Carle, the U.S. Bureau of ' <br />Land Management's ad- <br />mWatrator of the lease, wd the: <br />decision came as no surprtse. <br />"The eoonomtes of oil shale are <br />much, much worse than they wen '~ <br />a couple of yearn ago and they. ~ <br />weren't very good a couple o[. <br />yearsago:'hefald.. ~ <br />
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