MINERAL OIL/BONUS.
A notice in last night's Gazette states that a bonus of £10,000 will be paid for the. production of mineral oil as follows :—.
(a) £2500 to be paid on proof being submitted that not less than-250,000 gallons of marketable crude oil.has been won. (b) £2500 be paid on K proof 500,000 gallons of crudo oil has been won. (c) £2500 to be paid on proofs being submitted that not less than 1,000,000 gallons of marketable crude oil has been won. (d) Tho balance of £2500 to bo paid to the person or company who first produces by his' or its own defining plant 500,000. gallons of refined mineral oil. "Marketable crude oil" shall contain not less than 00 per cent, of products (excluding water) which can be obtained by distillation. "Refined mineral oil" is to include benzine, petroline, kerosene, or lubricating oils. ' The illuminatingoil in; tho refined state to have a specific gravity of O.BH to 0.830, and a flashpoint of not less than 83 degrees Fahr. by the Abel closed test. Notice of intention to claim the bonus must be given in "writing to. the Minister of Mines not later than March 31 ,< 1912. The oil must in each case be produced from the well or wells of one proprietary' only. - -v
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https://paperspast.natlib.govt.nz/newspapers/DOM19110113.2.82
Bibliographic details
Dominion, Volume 4, Issue 1024, 13 January 1911, Page 8
Word Count
215MINERAL OIL/BONUS. Dominion, Volume 4, Issue 1024, 13 January 1911, Page 8
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