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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Aug 19, 1954

Page

13

General Exploration Well Gas Tendency Disappoints

General Exploration's new well five miles southwest of Mendota in the Bandini field shows a gas tendency at 6 409 feet in the Buckeye zone, with 249 barrels per day output. The find is considered gasier than previous wells, prompting plans for a wildcat offset near Lagomarcin on the Lagomarcing lease. Monterey Oil Co reports new discoveries offshore west of Newport and a 300 barrel per day Newport No 4 while Tide Water Associated’s Denton wildcat near El Rio is drilled deeper after a dry hole. Western Gulf diversifies with shallow Yorba Linda holes and Chansler Western’s Rincon deep well underperforms, producing about 120 barrels per day.

Mendota Como Bandini LA Liebra Gorman Greene, Wheeler & Walthan Beverly Hills Sycamore Ridge Arguello Wildcal Management Index Oil Co Point Arguella Lompoc Poe Rancho Loampac Huntington Beach West Newport Basin Monterey Oil Co Altiest Aly Clark C. Peterson Newport No Seal Beach Monterey Tery Hole Newport Associated Hollythumb Comwood Park Pany Denton Wildcat Tarmont el Rio Osnald Ventura Victory Cinelt Basin Union Ingle Isswood Cuyama Valley Montadorg No. 1 Morro Bay Val- Linay Continental Jelly Bene Hooker Cove Tehama Superior OW Russell No Shafter Western Gulf Yorba Linda Chansler-Western Rincon Hobson

Canada Grain Stores at Record High

Canada faces a record surge in grain supply with wheat, oats, rye, and flaxseed totaling about 816.8 million bushels. The July 1 estimate shows 587.5 million bushels on farms and in elevators, triple the 1944-53 average, setting the stage for a potential 1.1 billion bushels to dispose of amid a tight world wheat market.

Oliawa WM Canada Bureau

Tax Cut Proposal in Australian Budget

Australian Treasurer Sir Arthur Fadden introduces the national budget proposing tax cuts totaling 79 million dollars. The plan outlines reductions across income brackets aimed at easing household costs and stimulating economic activity.

Gasberra Australia Arthur Fadden

Also Mentioned on This Page

Howard Begley Canada Grain Inough Pine Ave Long Leach Biltwell Lakewood Denim SEARS Boyville Osu Astra Pilgrim Brand
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