Mr \V. E. Ackroyd gives his-"reasons to a "Gisbome *"Times v ' representative for holding strong faith in the future of the petroleum industry- in. /that district.' H« points -out that tbe record of Japan is of especial interest.in.considering the question, as the^e the 'oil fields belong to the Tertiary .'Age, situated on 'smaU':istands; similar to' New Zealand in many' waysf 'In 1886 Japan's output was 1,600,000 gallons, and . in 1901 40,000,000 gallons. Mr Ackroyd then points out that in the Gisborne district petrolejwn exudes-, .above the surface at several distinct locations; that natural gas emanates .over. the whole district, but along well-defin-ed lines parallel to the Rakamara.range; that there are, numbers of saline springs; also the presence of mud ..vol* canoes; and that thjere «sists in the structural and geological ■ formation, strata which are,.uoiv'ersally accepted as .. being requisite for the accumulation of oil and gas in large quantities. "
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Nelson Evening Mail, Volume XLIII, Issue XLIII, 10 September 1909, Page 1
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148Untitled Nelson Evening Mail, Volume XLIII, Issue XLIII, 10 September 1909, Page 1
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