SOUTHERN CROSS PETROLEUM COMPANY.
The IiOAV boring machinery and engine for the second bore at the Southern Cross _ Petroleum Works was safely landed at "* Tuparoa on Thursday last, having been conveyod there by tho s.s. Southern Cross. The Company intends pushing on operations as vigorously as possible. The new boiler will, in all probability, be on the ground in tho course of a few. weeks, by which timethe derrick and plant will have boon erected. The neAV bore is situate about a mile and a half northwest of the present sceno of operations. A gentleman who arrived in town on Saturday reports operations proceeding satisfactorily, and fully confirms tho tidings brought down last week, and published by us, as to the presence of more than ordinary quantity of oil. That prospects arc brightening, there is no question, and Chrisfcchureh speculators, from a report to hand to-day, arc straining every nerve to get possession of more shares. —Poverty Bay Herald.
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Bibliographic details
Daily Telegraph (Napier), Issue 3797, 15 September 1883, Page 3
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159SOUTHERN CROSS PETROLEUM COMPANY. Daily Telegraph (Napier), Issue 3797, 15 September 1883, Page 3
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