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STRUCK IT!

OIL IN THE FORTY-MILE BUSH

PER PRESS ASSOCIATION. Pahiatua, May 16. Liko Taranaki and round about Gisborne, the Forty-Mile Bush district promises to support a flourishing oil industry at no distant date. In the Mangaone Valley, lying between Pahiatua and Eketahuna, and even further afiield, ample evidence of the presence of oil-baring springs has been discovered. Reports on the field have been mad by Mr S. Fry, A.M.A.1.E., and Mr J. Herman, late drilling expert for the Standard Oil and various other companies, and an analysis of the mineral water is favourably reported on by Dr. J. H. MacLaurm, Dominion analyst.- MiHerman has visited all the wellknown oil areas in New Zealand, and .says he has seen nothing in prospect that he considers superior to the territory under review. There is a very large spring on Mr "Judd's farm at Ihurana, some seven miles from the Rongomai Valley. There are others, but -this is the most powerful spring in the district. It gives off large quantities of gas, and is said to give splendid samples of petroleum gas. A company called the Mangaone Oil hields, Ltd., has been formed with a capital of £25,000 to acquire the rights to bore for oil and to mine for coal and other minerals over an area of 20 000 acres of land situated in tlie Mangaone and Kopuaranga survey districts.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/FS19120517.2.25

Bibliographic details

Feilding Star, Volume VI, Issue 1796, 17 May 1912, Page 4

Word Count
229

STRUCK IT! Feilding Star, Volume VI, Issue 1796, 17 May 1912, Page 4

STRUCK IT! Feilding Star, Volume VI, Issue 1796, 17 May 1912, Page 4