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Newspaper
Lubbock Avalanche Journal
Location
Lubbock, Texas, United States of America
Date
Aug 10, 1967
Page
5
A Kern County Land Co stockholder and two others told Midland reporters on Wednesday they sought to block the sale, arguing the buyer’s offer is not fully adequate and Kern has not properly evaluated it.
The American Petroleum Institute reports weekly oil runs averaging 9.953 million barrels daily, up from 9.821 million the prior week and 9.625 million a year ago, with domestic crude stocks down 566 thousand barrels and foreign crude up 1.642 million. Gasoline production reached 34.946 million barrels for the latest week, versus 34.688 million prior and 34.839 million a year ago. regional stock changes are listed for multiple states and Gulf regions.
Grady H. Vaughn Jr., 47, a Dallas oilman and president of Vaughn Petroleum, Inc., died at his home from natural causes. Funeral services set for 11 a.m. Friday at Highland Park Methodist Church with burial in Hillcrest Mausoleum. He was a Louisiana native raised in Dallas and a University of Oklahoma graduate, director of the Texas Midcontinent Oil and Gas Association. Survivors include two sons Grady II and Gary William, a Dallas brother Jack V. Vaughn, and a grandson.
Multiple oil and gas well listings across Concho Connally Howard Lubbock Nolan regions. Entries include Keele Bar Ber wildcat 660 ft FNL 1980 ft FEL. Holbrook Ber 1 Bar ber 1050 ft FNL 760 ft FEL. Batte Gas No 14 near Fremont 7200 ft undescribed. United Producing near Lubbock 5685 ft TD 750 ft FEL. Humble No 1 B Foster Price 5900 ft TD 467 ft SBL 1000 ft FAVS. all with sur and survey references, in various counties and townships.
Multiple oil field entries show completion and location details for wells across Andrews, Pecos, Hockley, Val Verde, and Midland areas. Each line lists field names, company identifiers, unit numbers, measurements in feet, sections, and elevations with varying production or geological parameters.
Placid Oil Co a unit of H L Hunts Dallas group reported a major gas find in the North Sea off Britain's east coast 25 miles northwest of Cromer at 7500 feet. A test well flowed 21 million cubic feet a day with potential fivefold growth.
Paul Henderson of Seminole was elected second vice president of the Texas County Agricultural Agents Association at its annual meeting in Amarillo. Other officers named include Elwyn L. Dysart, H. L. Stanley, and B. T. Haws. Berwin Tilson of Plainview was named one of six Men of the Year in Texas Agriculture. About 150 attendees heard Speaker Ben Barnes at the three day event at the Holiday Inn West.
Strawn Exploration stakes a 10 200 foot wildcat No 1 G T Rosson located 6% miles northeast of Levelland in Hockley County 660 feet from north and east lines of Labor 6 League 729 State Capitol Lands survey. Other wells planned include Wasson area tests in Yoakum County and ARCO Holt No 116 BO in Andrews County with multiple offsets.
In Nacogdoches George Washington Hyde, 96, was released on a 1500 dollar bond after being charged with the murder of his 73-year-old son in law Joe Basham. Investigators say Basham was shot with a shotgun during an argument at a residence on the east edge of town. The bond was set by Justice of the Peace Car Burrows who had ruled Basham’s death a homicide.
In Likeiston Missouri John Mack Cooksey recalls meeting his neighbor’s daughter when he was 19. The couple marked their 52nd wedding anniversary this week and raised six children with 19 grandchildren 23 great grandchildren and 6 great great grandchildren. Cooksey, a 91 year old retired farmer, and his wife are in their late 80s. In Damascus Syria the government raised gasoline prices by 7.5 percent after the June Arab Israeli war with rice sugar and cigarettes up 10 to 12.5 percent in two weeks.
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