Union Pacific Resources Co. (UPRC), Fort Worth, and Sinclair Oil Corp., Salt Lake City, have agreed to a joint venture to explore for oil and gas in the Las Animas arch province of Southeast Colorado. The first $16 million phase of the 3 year program calls for 50 exploratory wells to be drilled in Kit Carson, Kiowa, and Cheyenne counties. Each $325,000 well will be drilled vertically to Pennsylvanian Morrow or deeper during the next 15 months. The remaining 21 months covered by the agreement

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive


More in Home