THE COLONY PLANT, NEAR GRAND VALLEY IN THE PICEANCE BASIN AFTER YEARS OF RESEARCH, IS NOW PLANNING A FULL SCALE OIL SHALE OPERATION. A JOINT VENTURE OF THE OIL SHALE CORPORATION AND ATLANTIC RICHFIELD, COLONY WILL EMPLOY 1000 PEOPLE AND PRODUCE BETWEEN 40,000 AND 85,000 BARRELS OF SYNTHETIC CRUDE OIL A DAY

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