TARANAKI PETROLEUM COMPANY.
(l-XESS ASSOCIATION TIXEOR* \l.) , '"'^t NEW PLYMOUTH, October 17. The manager of the TaranaJri PetrtHih leum Company reported to the torsjiast night as follows:—"This noon the gas at No. 2 bore was earning '&*% very strongly and well, and as dry cuU-fc*"' tings thrown the gas contain quantity of oil, there is every indic»*MSv taon that it will continue Gas continues to flow at from 80,000 100,000 feet per day." , Thero were buyers of shapes at fe'QJNg-X* this morning. . ...V*"|Bi; At ten o'clock this _oorning manager reported to the directora thero was 500 feet of oil in No. 3 mostly pure, but a small portion maedfiM with debris. The tanks are .being ed over to the woU to hold the which, Mr Simpson says, may wtt& ; l§| down to two baTTela a dhy, or develop to 50 b_rrelsoir"moro r . Tlio tors advfce shareholder, not to bo-l€d|sj* away, as it' is impossible yet what tho prospects ,may <bo, but can rest assi-red that • they will ■ w||g promptly informed. - v•. r^sss
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Press, Volume LXIV, Issue 13250, 19 October 1908, Page 8
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171TARANAKI PETROLEUM COMPANY. Press, Volume LXIV, Issue 13250, 19 October 1908, Page 8
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