DRILL AT TOTANGI IN SANDSTONE
e . — ■ BORING REACHES DEPTH OF 2070 FEET (United Press Association) GISBORNE, December 1. The following report was issued this morning by the New Zealand Petroleum Co., Ltd., about the progress with the Totangi bore: “Boring has now reached a depth of 2070 feet. The drill at present is in sandstone.” Officials of the company declined to supplement the bare progress statement, but it is gathered that operations at Totangi are progressing normally and according to schedule. There is apparently nothing to justify rumours which were in circulation in some centres yesterday and which had the effect of depressing oil shares on the stock market.
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Southland Times, Issue 23681, 2 December 1938, Page 8
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109DRILL AT TOTANGI IN SANDSTONE Southland Times, Issue 23681, 2 December 1938, Page 8
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