THE PETROLEUM AT TARANAKI.
[Prom the "Taranaki Herald."] The At.ptta "Wei.!. —Messrs Carter and Co. have sunk about fifteen feet further during the week, and the well is now therefore about ninety-five feet deep. They would have got deeper, we believe, but they have been trying some change in their boring apparatus. They etate that the oil is now obtainable in paying quantities, but they are going deep, in hopes of making it a "flowing well," in which we hope they may succeed. Taeajtaki Petboleum Company.— This company has issued its prospectus. The capital is to be £10,000 in £10 shares, the share list to remain open till the 26th May. The provisional directors are Messrs. B. Chilman, C. Brown, W. Weston, T. King, and J. C. Sharland. People's Petkoleum Compact.— The shares of this company (1000 of £1 each) were all applied for by last Saturday, and a. meeting will be held j shortly to consider the propriety of in-! creasing the capital to £2000.
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Press, Volume IX, Issue 1090, 7 May 1866, Page 3
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166THE PETROLEUM AT TARANAKI. Press, Volume IX, Issue 1090, 7 May 1866, Page 3
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