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Hokitika Guardian, 15 December 1925, Page 3

ITlie statutory meeting ol the Murchison Oil Company was held at Auckland on Tuesday, December Bth. w.ieii there was a good attendance ol shareholders, the chairman of the provisional directorate, Mr H. d. »• Roimrslon. presiding. The directors' report was adopted and the meeting elected athe. first directors those who bad acted provisionally:—Messrs 11. d. I). Km>ertsou F d Vallentine. M. I. •■oldie, ,| Bassett, and R. A. M. Culver. The appointment of Mr B. Bassett as seoretarv was also confirmed. I lie see.etarv reported that the drilling plant ami other material hail been delivered to the site selected for the nrst bore, and the head driller would arri-.e within two weeks, everything being »• readiness for H*he commencement ot active operations. Mr d Spencer, the company's consulting geologist. b'ie!l> discussed the company’s prospects expressing his complete confidence that the enterprise would prove the existence of a valuable (diiield.