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AN OPPORTUNITY FOR INDIVIDUAL INVESTORS TO SHARE IN NEW ZEALAND’S OIL POTENTIAL NEW ZEALAND PETROLEUM EXPLORATION CO. LTD. AUTHORISED CAPITAL £ I ,000,000 Announce an issue at par of 1,200,000 shares of 5/each payable 2/- on application and the balance by I calls when required. AVAILABLE FOR SUBSCRIPTION by New Zealand investors 800,000 shares. A minimum of 400,000 will be taken firm by United States investors. GENERAL OBJECTS OF ISSUE To explore for oil and gas in areas totalling approximately 2765 square miles in North and South Auckland Land Districts, 2125 square miles in South Westland and 365 square miles in Canterbury, Otago and Southland. Prospects will be drilled by contract arrangements with overseas oil companies. Preliminary surveys indicate the possibility of likely oil structures within the concession areas. DIRECTORS Thomas Jackson Alexander, Dallas, Texas. Arnold Fielder Downer, Wellington. Walter Neville Norwood, Wellington. Jean Sloan Patton, Dallas, Texas. John Roy Smith, Christchurch.. Toddie Lee Wynne, Dallas, Texas. HOW TO INVEST Prospectuses and application forms may be secured from.rThe Company, C/- Ernest Hunt Turner & Co., 127 Featherston St., Wellington. Any Member of a New Zealand Stock Exchange. The Issuing House: Campbell Craig & Co. Ltd., P.O. Box 1204, Wellington, and P.O. Box 1646, Auckland. ISSUE OPENS sth March, 1962, and will close immediately the subscription list is filled. {This advertisement is not a prospectus and applications will only be received on the application forms that accompany the Prospectus.)

A quality investment— An investment in quality for non-remittance funds MERCEDES - BENZ Payment for quality is an absolute must when applying your overseas funds to purchase a car. A Mercedes-Benz car represents excellent value and retains its high value for a long time, due to the high standards which Daimler-Benz, the world’s oldest car manufacturers, have scrupulously maintained for three quartersofacentury. Funds held prior to January Ist, 1959 can be used now and we are at your service to give you full advice and complete all necessary arrangements. >I I ’ S «6-19 6 ■—* C eDES» V CROYDON MOTORS LTD. 300-304 Cashel Street, Christchurch, C.I For further details post this coupon now. r CROYDON MOTORS LTD., P.O. 1265, Christchurch. I ****** I £ Distributors In N.Z. CABLt-PRICE CORPORATION LTD. ~e' * Auckland Hamilton Rotorua Taumarunui \C«f» J ots WoMinftoo Christchurch \ A / Licensed Motor Vehicle Dealers. yy 24.1C H Going to Europe ?P Make arrangements V* 1 NOW to visit the ■ Il N FAIR J APRIL 29th. yqjftj'/ MAY Bth I MacMaary, electrical aqaipaMHit. O«c equipment. I Radio Teievislos, Hom. Appliances, Hardware, I Ceramics, Aircraft, Jewellery. Sundries. THE WORLD'S GREATEST FAIR! We can arrange catalogues, entrance tickets. I travelling concessions and hotel accommodation. Write ■ to us now for general information ! NX Agents. HANNOVn MIR. P.O. lex 335, Ch. Ch. ■

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19620213.2.179.1

Bibliographic details

Press, Volume CI, Issue 29746, 13 February 1962, Page 16

Word Count
449

Page 16 Advertisements Column 1 Press, Volume CI, Issue 29746, 13 February 1962, Page 16

Page 16 Advertisements Column 1 Press, Volume CI, Issue 29746, 13 February 1962, Page 16