Article image
Article image
Article image
Article image

LARGE COMPANIES’ INTERESTS

:[ STATEMENT BY MINISTER ■j j IBy Teleßrapb-Press Association! z\ • AUCKLAND, 29th March. : "Since the passing of the Petroleum : Act recently keen interest has been : j shown by very large companies who are ■ anxious to prospect for oil in the Dom- •; inion on an extensive scale providing : suitable licenses can be arranged.'' said : the Minister of Mines, the Hon. P. C. : Webb, in an interview. » Apart from that statement, the Min- ■: ister said he preferred to make little ■ comment on the question at the mo:I ment. "I will be very surprised, howj ever, if we do not embark upon the \ most progressive boring campaign in •' the history of the Dominion.” he added. ■ “I am assured that the most modern : drilling plants will be used, guided by : the most expert companies and men j engaged in the oil industry.” j! The Minister added that the question ■' of granting licenses »rould be reviewed : after the end of the present month.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19380330.2.31.1

Bibliographic details

Nelson Evening Mail, Volume LXXI, 30 March 1938, Page 5

Word Count
160

LARGE COMPANIES’ INTERESTS Nelson Evening Mail, Volume LXXI, 30 March 1938, Page 5

LARGE COMPANIES’ INTERESTS Nelson Evening Mail, Volume LXXI, 30 March 1938, Page 5