DRILLING SUSPENDED.
■ WAITANGI NO' 2 OIL WELL. ■ (By Telegraph.—(Press Association.) « , ■ GISBORNE, Saturday. Taranaki Oilfields, Auckland, report: "The management regrets to report that V continued difficulty has been met with in keeping Waitangi No. 2 well open between 1960 ft and tho lowest point reached, namely, 2172 ft. The drilling ■ superintendent and the field staff are now firmly of the opinion that there is ; no reasonable prospect of carrying this well to the desired objective, namely, a depth of approximately 4000 ft. It has therefore bee'n decided to suspend drills iflg operations pending a review of the situation, toy the directors and staff. An announcement will shortly be made as ■ . t to the company's future programme, and inthe-meantime the properties are l>eing placed on a caretaking basis."
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Bibliographic details
Auckland Star, Volume LXII, Issue 259, 2 November 1931, Page 3
Word Count
126DRILLING SUSPENDED. Auckland Star, Volume LXII, Issue 259, 2 November 1931, Page 3
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