Page 6: of Maritime Reporter Magazine (April 15, 1974)

Offshore Conference

Plans Session On

Arctic Ice Exploration

The hazardous and costly aspects of Arctic sea ice projects will be one of the topics of discussion in a technical session on "Arctic Tech- nology" at the Sixth Annual Off- shore Technology Conference, May 6-8, 1974, at the Astrohall in Hou- ston, Texas.

John J. Guthrie, with Petty-Ray

Geophysical, Inc. in Calgary, Al- berta, Canada, proposes that the

Arctic will inevitably play an im- portant part in satisfying the world's energy needs. The paper "Sea Ice Exploration—The Last

Frontier," to be presented by Mr.

Guthrie, will provide a brief look at past efforts, along with some of the newer approaches in Arctic sea ice transportation, camp accommo- dations, and operations. These top- ics will be discussed in relation to increasing costs, while maintaining man's safety on sea ice projects as a prime consideration.

A study of the total task force required for exploration in the off- shore Arctic and the feasibility of using nuclear power in support ships will also be presented during the session. James C. Schaff, with

Global Marine Engineering Co. in

San Diego, Calif., and Carl W. Con- nell, with Babcock & Wilcox Co. in

Lynchburg, Va., will present the paper describing the economic ad- vantages of nuclear power over fossil-fueled ships.

A synopsis of industry/Govern- ment investigations into the water pollution aspects of drilling fluid waste disposal in Canada's Arctic will be presented by Wayne J. Bry- ant, with Environment Canada in

Edmonton, Alberta, and Jack Gold- burn, with Imperial Oil Ltd. in Ed- monton. The objectives of this pro- gram are to determine the magni- tude of the water pollution and, as a result of the investigations, to develop appropriate environmental controls for onshore and offshore disposal of drilling wastes.

Other papers scheduled for pre- sentation during the "Arctic Tech- nology" session include: "Fracture of Sea Ice Sheets," by Mohammad

M. Mohaghegh, with the Univer- sity of Washington in Seattle; "Arctic Coastal Sea Ice Dynamics," by J.C. Rogers, W.M. Sackinger, and R.D. Nelson, with the Univer- sity of Alaska in Fairbanks; and "Effect of Ice Thickness on Ice

Forces," toy Joachim Schwarz, Ken- ichi Hirayama, and Han-Chin Wu, with the University of Iowa in

Iowa City.

The Offshore Technology Con- ference is an international technical meeting and exhibition devoted to the development of the world's off- shore resources. The conference, which is jointly sponsored by 11 engineering and scientific societies, is expected to attract more than 25,000 persons in 1974.

Inlet Oil And

ConEureka Mining

Planning Merger

William D. Folta, president of

Inlet Oil Corporation, Dallas, Tex- as, and James E. Hogle, president of Consolidated Eureka Mining

Company, Salt Lake City, Utah, have announced the signing of a letter of intent to merge or other- wise consolidate ConEureka into

Inlet. It is presently contemplated that shares of ConEureka will be converted into Inlet common stock at a ratio of approximately 40 shares of ConEureka to one share of Inlet.

The proposed merger is subject to the negotiation and execution of defini- tive agreements and the approval of the boards of directors and stock- holders of both companies. Stock- holders' meetings to consider the proposed merger are expected in late spring or early summer.

Inlet is a privately held natural resource company engaged in the exploration for oil and gas and in barite mining and marketing. In- let's oil and gas exploration activi- ties are primarily in Alaska, U.K.

North Sea, Gulf of Thailand and offshore eastern Canada. ConEure- ka's primary assets consist of patented and unpatented mining claims in Eureka County, Nev., and 8,261 shares of Series A Preferred

Shares of American Metal Climax,

Inc. ConEureka's shares are listed on the Intermountain Stock Ex- change, Salt Lake City.

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