Newspaper article THE JOURNAL RECORD

3-Year Coal Transportation Contract Signed by Grand River

Newspaper article THE JOURNAL RECORD

3-Year Coal Transportation Contract Signed by Grand River

Article excerpt

A three-year contract for coal transportation has been signed by Burlington Northern Railroad and the Grand River Dam Authority, of Vinita, Okla.

The contract involves shipment of about three million tons of coal a year from the Powder River Basin of northeaster Wyoming to the authority's plant at Pryor, Okla.

Under the agreement, Burlington wil continue to haul coal from the mines to Kansas City, Mo., where it will be interchanged with the Missouri-Kansas-Texas Railroad for delivery to the plant.

Burlington has 27 contracts with utilities, placing about 73 percent of it expected coal tonnage in 1985 under contract, said John H. Hertog, senior vice president for coal and taconite.

- Oklahoma Senator Don Nickles would like to ease federal regulations requiring automakers to sell 1986 cars that averge 27.5 miles per gallon.

"The Corporate Average Fuel Economy program needs some serious review," according to Nickles. "Imposing stiff fines, and possibly jeopardizing the economic health of an entire industry, is not the road Congress should be traveling now.

"Today we have a different energy picture than one forecasters were predicting a decade earlier," Nickles said. "After President Reagan ordered decontrol i 1981, the price of gasoline dropped significantly.

"We never did see the $2-a-gallon price many predicted. With this shift, it seems appropriate that we take a new look at automobile fuel economy standards."

- Domestic Resources Corporation has a new vice president and chief operations officer. Travis Henderson, president and chief executive officer of the firm, announced that Thomas M. Hayton has been named to the post.

Hayton was as vice president in charge of exploration and production.

Domestic Resources Corporation is an independent exploration and production company operating mainly in central Oklahoma. Hayton became employed by the company in 1981.

As chief operations officer, Hayton plans to retain a hands-on involvement with exploration and production in addition to supervising the company's general administrative operations.

Hayton is a native Oklahoman and except for a tour in Europe and Southeast Asia with the Armed Forces, he has worked in the energy industry since 1967. . .

- Several courses in the Oil & Gas Field Mnagement Technology program are being offered for the spring semester by the Oklahoma State University Technical Institute.

Courses being offered include: Exploration Economics, Oil & Gas Law, Phusical Geology, Petroleum Geology, Reservoir Evaluations, introduction to Oil & Gas, Open and Cased Hole Logging Evaluation, Formation Logging Interpretation and Historical Geology.

The program's is designed to enable working and communting students to attend classes of their choice in days, evenings or Saturdays. …

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