TARANAKI OILFIELDS.
OVERSEA NEGOTIATIONS. The board of directors of Taranaki (N.Z.) Oil Fields, N.L., Melbourne, announces that the negotiations with important oversea oil interests for the drilling of the company's concessions on the east coast of the North Island, as referred to in the last annual report, and by the chairman, the Rt. Hon. W. A. Watt, in his address to shareholders, are proceeding satisfactorily. The company's managing director, Sir Colin Fraser, is leaving for New Zealand by the Awatea on Friday, February 12, in connection with the negotiations, and it is hoped that a statement to shareholders can be made in the 1 near future.
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https://paperspast.natlib.govt.nz/newspapers/AS19370210.2.27
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Auckland Star, Volume LXVIII, Issue 34, 10 February 1937, Page 4
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106TARANAKI OILFIELDS. Auckland Star, Volume LXVIII, Issue 34, 10 February 1937, Page 4
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