Casper Star-Tribune from Casper, Wyoming • 25

'hvPEC gets two contracts Efficient Solutions are difficult Educators to attend petroleum classes Bebout estimates that the total revenues from these two contracts, to be completed during 1979, will be approximately $1.5 million. The exploration drilling will be conducted through NUPEC's subsidiary, Corklll Drilling, Inc. RIVERTON Eli Bebout, 'president of Nuclear Power "Snergy Co. (NUPEC) of Rlvertoo, announced recently that the company was iuc-''ceaaful on two competitive bid for uranium exploration drilling in (lie Great Divide and Wind River basins at 'central Wvomlnf Wyoming. The 1979 course has been scheduled for June 11 through July 13 and will be held at Casper College, The five-week course Is presented sixty petroleum Industry personnel and will consist of lectures, field trips, demonstrations, discussions and audio visual presentations to provide with a better understanding of the industry In Wyoming.

Class activities will include petroleum geology, exploration, production, transportation, refining, marketing, conservation, and research. Elementary; Susan Avery and Rebecca Phillips of Westwood Elementary; Audry Anderson, Louis Malben and Kevin Williams of CY Junior High; Danny Carter and Donna Loghry of East Junior High; Frank Ausmus and Jeanne Borega of Kelly Walsh High School; Allen Barkley, Mary Ann Drew, Norman Parrlsh and Bruce Snyder of Natrona County High School; and Denise Boomer and Susan Mlnotti of Midwest High School. The five-hour graduate level course is sponsored by the Petroleum Association of Wyoming and the University of ByLeROYPOPE UPI Business Writer NEW YORK (UPI) In any society efficient solutions to problems inflation and energy, for Instance are unacceptable for various reasons to major power groups. In fact, efficiency Is unacceptable to politicians In general because efficiency involves patience, say George P. Schulti, former presidential adviser who now heads Bechtel Corp.

of San Francisco, and Kenneth W. Dam, a professor of International law at the University of Chicago. They advance this thesis In their book, "Economic Policy Beyond the Headlines" (W.W. Norton New York). "Leadership all too often Is equated with 'doing they say, "and patience is equated with Indecision.

Indeed, one of the most difficult problems In economic policy Is finding ways to 'do nothing' while waiting for the lagged effects of actions already initiated to work their way through the market process." Schultz and Dam were talking about the political appeal of price and wage controls, for which they have absolutely no use, at least not in peacetime. "Past experience with wage and price controls shows how tempting It Is to adopt controls and how difficult it is to get rid of them," they write. The controls Inevitably lead to twists and turns and distortions of the economy, "One step leads to the next often a misstep until those In charge find themselves nowhere near the Intended destination." But the political appeal of controls Is undoubted, they write, because "the economist's lag Is the politician's nightmare. After the politician correctly perceives a problem and makes the best long-term decision, conditions don't Improve Immediately. "Where does that leave the politician while waiting for results? Defeated at the polls." CASPER Several educators from Natrona County School District No.

1 are among the 40 who have been selected to attend the petroleum Industry's 18th field summer course for Wyoming academicians. Those selected were Cheryl Eastwood, Vickl Ann Foster, and Gayle Lord, of Crest Hill Elementary; Margaret Johnson of Evansville Elementary; Claudette Gardner and Joyce Johnson of Fort Casper Elementary; Mandy Beltel and EUen Josephson of Grant Elementary; Nancy Dunston and Ruth Largent of Manor Heights Elementary; Gertrude cowan of McKlnley Elementary; Marquerlte Christopberson of Mountain View Elementary; Kathy Grenier of Paradise Valley Kirsch named to VP slot SALT LAKE CITY Ralph Klfsch, a 20-year Mountain Fuel Supply Co. employee, has 'Deen namea executive vice '-president of Mountain Fuel's Wholly-owned subsidiary Wexpro effective May 1. Klrsch has served as "Mountain Fuel's manager of Phoenix' earnings rise Co. The new executive vice president is a graduate of the University of Wyoming law school, coming to Mountain Fuel in 1859 as an attorney in the Rock Springs office.

He went to Salt Lake City two years later and worked In various capacities, Including associate general counsel in the legal department until becoming manager of contracts, lands, and gas acquisitions. DKQ tops all others contracts, uuius uiu "acquisitions snce 1(74. His Lusk firm's earnings up responsibilities include coor dinating uie expiorauoo anu production activities oi wexpro OKLAHOMA CITY -Phoenix Resources Co. announced recently that first quarter 1979 earnings were $1,413,000 or $.25 per share, on revenues of $5.6 million. Phoenix President James Kishpaugh said this was the third consecutive quarter in which earnings increased.

During the first quarter of 1978, earnings were $1,446,000, or 26 cents per share. Kishpaugh attributes the continuing improvement in earnings primarily to strengthened natural gas demand and higher gas prices. He further staled "These earnings do not include an offsetting credit of $289,000, or five cents per share, which was added to stockholders' equity instead of income. This credit results from application of operating loss carry-forwards generated during reorganization." MINNEAPOLIS Daln, Kalman it Quail, a Minneapolis-based Investment banking firm, topped every other non-New York-based securities firm In the amount of tax-exempt bousing issues managed and underwritten In the first quarter of 1979. DKQ ranked 6th nationally, behind such New York bouses at Goldman, Sachs A and First Boston Corp.

The total value of tax-exempt issues In which Daln participated amounted to $449,446,000. Lewallen named supervisor Tax-exempt financing for bousing, now the largest section of the tax-exempt market, amounted to $2,878,624,000 in the first quarter of 1979, representing 30.9 percent of the total amount of tax-exempt securities offered during this period. During 1978, DKQ and its Bosworth Sullivan division ranked first among regional Investment firms In managed and co-managed municipal bond underwriting during 1978. DKQ, along with Bosworth Sullivan, has offices In Wyoming, Colorado, Idaho, Iowa, Minnesota, Montana, Nebraska, North and South Dakota, Utah, and Wisconsin. On Oct.

1, 1979, DKQ will become Daln Bosworth Inc. CASPER Michael I Awalln hu taen aDoointed LUSK Envlrosearch Corp. has reported record earning resulting In a 20-cent-per-share profit for 1978, compared to an eight-cent-per-share profit In 1977. The net worth of the company as of Dec. 31, 1978 was $1,324,432 compared to $926,786 in 1977.

The completion of the sale of ranch land near Casper accounted for a large part of the profit increase. The gross sales for oil and gas for the twelve month period ending Dec: 31, 1978 were $352,017 compared with $290,745 in the previous twelvemonths. The company has purchased a 0.05750 overriding royalty Interest in 414 acres in Jim Weils County, Texas, for a total price of $315,000. The average monthly income is ap-' proximatley $12,000. Envlrosearch has finalized a contract In which the company will be operator of a 19-well water flood program near Osage.

The first phase of this operation began May 1, 1979. Envlrosearch owns 50 percent of the project. Envtrosearch's principal activities are in the natural resource field. The company's oil properties are located in Wyoming, Nebraska, Colorado, Louisiana, and Texas. Gold ranges training supervisor of New York Life Insurance Frontier general office In Rapid Cjty, S.D., according to general 'manager Don York.

Lewallen Joined the company in 197 as an agent In Casper, nH wm a mmhr of the High Low Uit Change 27.75 25.75 27.75 200 39.12 38.62 39 12 2.12 13.25 12.37 13.25 62 270.60 262.00 270.60 14.20 S.77 8.59 8 77 .48 American So. Afr. Campbell Red Lake Giant Yellowknife Mines London Clsg. Gold Silver esmpany's honor clubs for waaina agents, in uis new position be will assume tanmniilhilltv for semi training Warder honored LARAMIE Donald S. Warder, head of the Department of Recreation and Park Administration at the University of Wyoming, will receive the highest civilian award of the U.S.

Department of the Interior, the Conservation Service Award, early next fall. Warder is being honored for bis accomplishments in the fields of Indian tribal relations, leisure and federal-state relations. and development In the Rapid C(ty area. A native of Casper, be is an alumnus of Casper College and has been active In youth programs. Mike Lewallen "Support when most needed is important when making friends R.A.

"Dick" Pavlicek Vice President-Installment Loans First Wyoming Bank-Casper MEMORIAL DAY SERVICES MONDAY, MAY 28, 1 979 HILAND CEMETERY Tho American Legion will decorate the Veterans' graves in the Veterans' Plot. Persons wanting flags and crosses for their veteran grave may pick them up at the speaker's stand before the services. George W. Vrooman Post No. 2 The American Legion "Encouraging a new idea helps gain our customer's friendship' 3 I Nancy Miles i.ma.

i i 1 iiiaidiiiiieiu LUdii uepai uiiem if. First Wyoming Bank-Casper TWELVE REASONS TO VISIT E. F. HUTTONS NEW CASPER OFFICE We are pleased to announce that our new office 145 South Durbin is staffed by: Listening is the secret when making a customer a LOUIS ROUSSALIS Branch Manager DAVID CURTIS Sale Manag.r PETE NATOLI Commodity Specialist ROCKY CLARK Account Executive CLARK BROMLEY Regional Financial Planning Mgr. .4 ERNEST DEWEY Branch Coordinator JACK DYREK Commodity Specialist ART VAN RENSSELAER Branch Coordinator JOE HAUSAUER A Candidal Paul Kinner Officer, Installment Loan Department First Wyoming Bank-Casper FIRST WYOMING BANK CASPER LEANNE MCCARTHY, JUDY LACEY, SHERI WALSH Operations Visit one of our Account Executives.

He'll show you the kind of service that has made us one of the world's fastest-growing investment firms. HFHutton E. F. Hutton Company Inc. 145 South Durb'n Casper, Wyoming 82601 (307) 266-3500 1-800-442-2233 Wyo.

When E. F. Hutton talks, people listen. Hometown Bankinq. it's not a new idea to our old friends.

It's a pleasant surprise to our new friends. Visit our Installment Loan Department for the special treatment friends really deserve, today. We're your (Hometown Friends. EQUAL OPPORTUNITY LENDER 301 S. Wolcott Member Wybancorporation 18 Banks in Wyoming.