SEARCH FOR OIL.
NO PAYABLE WELL YET. PROSPECTORS CONFIDENT. DEPARTMENTAL REPORT. (By Telegraph.—Parliamentary Reporter.) WELLINGTON, this day. The annual Mines Statement shows that the search for oil still continues in different parts of both the North and South Islands. Prospecting for oil necessitates the expenditure of large sums of money in .preliminary surveys and boring. Up to the present time the location of a commercially payable oil well as the result of boring in recent years has not eventuated, out it is hoped that success will ultimately attend the efforts of those now engaged upon the work. Owing to the interest of the public in oil prospecting, the Geological Survey was called upon on several occasions in the past year to supply information on districts that are possibly oil bearing. Explorations in Murchison and Wairoa areas have been in progress for two and three years respectively, and a large part of palaeontologieal work is directed chiclly to elucidating the succession and structure of tertiary strata, fundamental problems in the search for oil.
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Auckland Star, Volume LX, Issue 221, 18 September 1929, Page 10
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172SEARCH FOR OIL. Auckland Star, Volume LX, Issue 221, 18 September 1929, Page 10
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