TARANAKI OIL CO.

Auckland Star, Volume LVII, Issue 26, 1 February 1926, Page 4

TARANAKI OIL CO.

OPERATIONS I>' GISBOR>E. (By Telesrapli.—Own Correspondent.) GISBORNE, this day. During tile next few weeks drilling: ror oil will rommrarc In Poverty Bay on a scale never previously attempted in the history or oil development in this district. Mr. A. H. P. Moline. general manag-er or Taranaki Oiinelds, Limited, the rompany whicti controls Glsborne Oil Proprietary, said that following- on a comprehensive R-eolog-ical survey of thn district it harl been decided to commence boring- operations. Already a drilling- riant had been ordered, this now being: in Auckland awaiting transhipment. At the present time there are six g-eolog-ists working in tne district, including three graduates or Otag-o. WorK connected witn trie enterprise Has been in tlie charg-e or Charles N. Taylor. He has nowbeen appointed as assistant general man-ag-er of the Taranakl Company, but will , control the Glsborne operations. • The first well, wblcn will soon be put down, will be regarded as more or less or a ■ test and even ir the company does not pet great results they wIU learn much of the g-eological difficulties which are to be en- , countered. , | The first attempts to get oil m the district were made firty-two years ago, but the present company has gone about the Drellmlnary work in a much more thorough manner than any of Its predecessors.