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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 16, 1972, Lethbridge, Alberta MIRAII5 Weclnnidny, Fibrunry 10, Belter limes are forecast un (or mi; Kid'hlry. winch lias Hie lii'Mniin since IttC'.l. niv.v an' '.M.'l rllj.-, drill- sinc rc i. an. ula. Hie liichcsl mim- e March. and the hould I'ltniinui! to Mr. Sparrow says Canadian I'olmlcmii As-wcia- oxpocled from the Alberta linn. mi. eminent should sliiruli'io ploralmn fur oil and gas anrl re- fiHrt', an1 ntil suit in niorr drilling i" Hie "I sustained deliveiy of tin province this year. hmh rales necessary ID satisfy Drilling activity In Alberta markets of 1.8 to 2 million bar- should increase as companies rels a day from Alberta, says says H Iv Sparrow, in-1 increase field production rap- A. Row, president or the. In- c I'lTMdonl of the fana- abilities lo meet growing cnulo dependent Petroleum Associa- han Agination iif Oihvcll Drill- ('onlrailo markets, says Hans Maciej. as- i lion of Canada. sislant to tile president of I ho "Independents require cash flow, iinmediale casli in order to on their opera- iMt'kel firm cuts back TonnXTP (CT) l-'alcon- bndgc Mc-kel Mino-5 Ltd., faced v.iili rising costs and slnpgifli ni a r k n s. today announced curtailment opera lions in Hie Sudbiiry district starting April Id. 'llto prop-am includes slint- rniun of mining operations at ti'.i> .Sy.illi mine in the termination ot us at Hie Hardy year, decline in reserve and attrition in the lalror force, and i this reserve and income mist bl replaced in liirflc part, i by exploration in Alberta, norlli- eastern British Columbia and lo sonic degree in bask-atchew- fer vacation replacements. HIP company announced ear tier a hvo-ucck sbnlrlouii of al operations slarting July Finance firm s eijuily area: iteratio t. on n 11 ea. Falcc.nbri'lgc .--aid the com- bined rc.-iilt will be the loss of from its 'l.friO- man fnrce and an addi- i-onnl jobs frnn contractors employed si Uic si'e. The company snid it expected (ht> larfio majority of 175 mm could be placed elsewhere through re-n.ssignmcnt, nonnal In 1971. oil com- panies drilled 1.4HG wells or 75 per cent of the wells drill- ed in Alberta. Mr. Ross says Albcrla has 1 MONTREAL, (CP) 1AC; thousands of acres still to ho j Ltd.. Canada's largest con-1 explored. j sumer and industrial finance (jiat major reserves slantial interest" in In- j basin, an area of 10 million tomation.-d Capital Corp. Ltd., il i acres, Hie foolitills, the 30 mil- was announced leday. I lion acres of norlmveslern At Intenialional Capital Corp. is Ijerta and certainly norUiciislcrc a Montreal-based private coin- j B.C." pany engaged in merchant: Mr. Ross says deep basir banking and financial consulting J drilling, feet and more, services. Other shareholders in j lias many gas-bearing horizons. Hie company are Royal Bank of but the gas is snlplmnnis anr Canada and United Corp. Ltd. better prices for gas will be Inter-national Capital Corp. necessary to justify dcvelop- was established in mcnl. Comfortable Service Shoe for Women on their feet All Day Long! Wedge-heel slyle besl- in easy lo wipe clean vinyl. Brown, While. i-IO. Just Look at the Price of these Women's ml Moccasins! 4 Days Only The bc-.r of both worlds wilh on-air comfort and on unbelievably low pvicn laci! 1-orim soln f. horl. Crown, Hour. .110. Shop early whilo ejunnlitios lasl al these low prices! Poir Open Daily 9 n.m. lo 6 p.m.; Tliursilny nntl friday 9 n.m. 9 p.m. College Shopping Mall 2025 Mayor Magroth Drive SOLVE YOUR STORAGE PROBLEM THIS SPRING! WE'VE GOT THE ANSWER AND WE'LL LAY IT AWAY FOR YOU! STELCOLOUR STEEL STORAGE SHED GARAGE OR BASEMENT CLUTTERED UP? THIS BEAUTY KEEPS THINGS TIDY! 103" x x 79" high (outside) STEIL SHELVING UNITS A SCREWDRIVER IS ALL YOU NEED TO MAKE EXTRA SPACE IN REC ROOM, GARAGE OR SHOP! 6-sheSf unit Easy to assemble fc unil. Woodgrain ena unit Easy to assemble for wall mounting or as a free-standing unil. Woodgrain enamel finish. Similar lo above. 6-SHELF UNIT 3-SHELF UNIT EACH EACH Garden accessories, bicycles, lawn furnilure, tools whatever you've got, the. Spacemoker G-87 shed's 300 cubic feet stores il easily. Floor area 51 sq. ft., door open- ing 41" wide, <52li" high. Aliraclivo enamel finish. each STEEL FLOOR FOR ABOVE For added storage EACH 18.97 Other Spacemaker Sheds To Choose From: MODEL DIMENSIONS AND FLOOR h., 164 tu. BLACK AND DECKER DRILL 'N SAND KIT Conloin, 7010 drill, scind-ilicrli of nnfl DELUXE JOHNNY POLE two shelves, one cabinet and one towel rinq, Grcon (Iniih ncconlcd Gold and CABINETS Slir. rinishcd in Wliilc STAPLE GUN SPECIAL Complole wilh JT ZIC Slnple ijun Combination wirc-scrern allnclimenl and SET Indusfro 12-pce. iquard drivo sockel sei. Fully poliili-cd ond cliroiriB plated. Iwill _ SPECIAl 1 CO. lO-S" 15 PCE. SOCKET MASTER STANLEY MEAL DOG BY SENIOR AQUARIUM KIT hy Il nos 'j" iquaro hammor wilh o curv-od claw. Made completely of hori for nil of carpel sweeper for deep pile, long fibre S. reflector, vibrator air pump, comer filter, fjlaii wool, charcoal, tubing, SPCCIAL tC.O O. 1 1 i f thermometer and book. -1 O QQ SPECIAL IO.OO Because We're Woolco.., Your Shopping Costs You Less! f. Open Dnily 9 a.m. lo 6 p.m.; Thursday Friday 9 a.m. (o 9 p.m. ;