TARANAKI AND WEST COAST OIL BORE.
NEW PLYMOUTH, November 27. The directors' report, to be presented at the annual meeting of the Taranaki Oil and Freehold Company, states that the bore is now down 885 ft, of which 740 ft went through very hard rock in difficult strata. The staff is now reaming the bore out to 14in from 449 ft downwards. The encouraging show of oil met with is improving steadily as th» boring is proceeded with\ The directors see their way to continue work for another year, but hope to get oil before thai time expires. November 28. The weekly report of the Taranaki Petroleum Company directors shows that! No. 2 well is a steady oil-producer,. soma{ 19 barrels being obtained this week. My W. J. Hall, who is connected with tha Commonwealth Oil Corporation, Sydney, visited the wells this week, and expresseel himself as most favourably impressed witb the company's prospectsGBEYMOUTH, Noveirber 27. Good progress is being made with thai new bore fox oil at JSJotuku. The depth is now approaching 400 ft; and tbe indications ape favourable,., a number o! small oil shalee naving been met with from about) 100 ft, and improving as the bore increases in, deptlu". The country which th* bope> is at pnesent passing through it fairly light, and should a softer bed b« reached there is every likelihood of it carrying payable oil.
— Coffee was fh=t imported uito England about 166P
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Otago Witness, Issue 2855, 2 December 1908, Page 63
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240TARANAKI AND WEST COAST OIL BORE. Otago Witness, Issue 2855, 2 December 1908, Page 63
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