“The Press” In 1866
November 30 TARANAKI PETROLEUM. The “Herald,” of the 24th inst, says:— Boring is actively going on at the Mikotahi well, which has now been sunk to a depth of 250 feet . . . One fact offers some show of encouragement to operations at the Sugar Loaves—namely, that the best wells are commonly found at the base of cliffs or hills where there has been geological disturbances, and not on the adjoining plains where the
strata have been undisturbed. As to the chances of success, these fall, no doubt, a long way short of certainty. Even in Oil Creek it is said that only one well out of ten turns out profitable, but some considerable part of the nine failures are said to result from not going deep enough, or from unskillful tubing; it will be desirable, therefore, to sink as many wells as possible, but more desirable still to try thoroughly all that are sunk.
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Bibliographic details
Press, Volume CVI, Issue 31230, 30 November 1966, Page 16
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157“The Press” In 1866 Press, Volume CVI, Issue 31230, 30 November 1966, Page 16
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