Page 31 Advertisements Column 1

Taranaki Daily News, 23 November 1929, Page 31 (Supplement)

in t. Zealand Oil has been known to exist in • Although the history of oil . The bogey of oil exploration the New Zealand since 1839. development has been one of world over, as in New Zealand— ■ jLfJw Many bores have been sunk from disappointing failures, there is wild, unjustified “hit or miss” time to time, particularly in the overwhelming evidence that a boring, invariably resulting m j New Plymouth district, some of definite Oil Field exists in the dissipation of capital and an If JX' which produced oil in varying New Plymouth district and proof . enormous percentage of failure. || Zw ? j werTdoomeTSaure fr™the produced from. this field. Ini -Start from various causes—ineffi- dTscoverS n a t . J cient methods of exploration, mam oil accumulations fed to the and in Ae Mt> Arthur district, east of ! absence of efficient plant and \ sinking of m Dannevirke, where the main oil accumula- ' expert supervision, and blind the hope that OT another tions have been located and the precise ff boring by “hit or miss” methods. would be successful. boring sites indicated by Geophysical Survey. H Definitely located By Geophysical Survey Snrvevs are to Oil Exploration The results on the Gulf Coast of America in In view of the success of this latest Science, the J ■ It s the end 1928 were even more sensational. In the Erectors of Ctoal, Oil (NZ.) Ltd. commissioned what the X-Ray is to b yrgeiJ. It is tne enu we tbe Hbof Geophysicai Organisation of Cassel, Ger- I * of that costly futility— blind boring. It IS alo many, to conduct a thorough Geophysical Survey 11 a recently developed science which has Geophysically located, were drilled Without on their Omata Area, upon whidi the Company’s ; revolutionised oil boring operations m the one failure. , Chief Geologist, Dr. Leon Bossard, of Zurich Uniworld’s main Oil Fields and is used by the versity, had located a virgin field, untouched by f hifoost Oil Companies in existence. • the Oil Weekly” (U.S.A.) of July 26th, previous boring, comprising the entire structure |g . ' 1929 states* essential for the accumulation and retention of oil In the Mexican Oil Fields alone, prior to the ’ . , m commercial quantities. of neonhv<dcsd methods. 87 ner cent. “ A r ecord Rumber of Geophysical discoveries were reported lhe Geophysical Survey, which has been in proy to .a I Ttifi-siitwn The total exceeded 30, which was more than the gress for approximately two years, has, in every of the bores. SlMlk prov . t tota | num |, er found during the preceding four years, thus, by way, confirmed the findings of ' the Company’s of Geophysical Purveys IS resulting m an the end of 1528 there were around 60 prospective oil fields in .. Geologist, and the Geophysical Scientific Council of '■ almost unbroken line of Gommerciai she Gulf Coast that had been brought to light through Cassel has authorised the Company to commence §S Producers. Geophysical Prospecting.” boring and fixed the actual boring sites. ' 11 Geephysieal Cosmcil Issues Report and Drillfag « JxaL Chart after tw@ years’ Seisatific lavestigatio® r ttl^’±Ld S a? y e <!ES“E™. ' Cmmoil fst Cassel issuing tation. . CjOal, Oil Ltd. have already erected a new ■' v ■ u (1) A definite statement that Geophysical Survey Moore Champion’’ Steel 122 feet high,' ' Exploration positively justifies expectation of • \ *v n P on the spot located by Geophysical Survey. An F. Cl satisfactory oil boring. ' Mt. Arthur, East of Dannevirke, Dr- Bossard K. bulhvan Diamond Drill of the type used so sue- ■ |S’ 72) A further report that Geophyical Investiga- has reported to the Company important discovery cessfully in America has been purchased. A com ' sg. ■ - A tion had definitely located the oil accumula- of a complete field of the greatest value, and the siderable. portion of the drilling machinery and ‘ '■"b tions in the Omata area. Company has obtained a new area of approximately equipment has already been installed, and on arrival If • Th/*- Wlkrsf Cpnnhv«dcfd Cmincil Drilling 12 square miles, covering the essential country in of the casing, which is expected at an early date, $ ./• 1 3 Chart for the Organist which this new field is located. ■ . boring operations will immediately commence. I tion issue drilling charts only when positive Geophysical Survey work is now taking, place on Boring operations will be conducted by Mr D. J. ' evidence of the presence of oil is as conclusive this field and the Directors of Coal, Oil (N.Z.) Ltd. Tynan, who, together with other expert drillers, has as modern science can make it. Their world- are of the opinion that the discoveries at Mt. Arthur been specially brought from Mexico to control wide reputation is behind the issue of each . operations. 1 Coal, Oil [NX] ltd. fflzCK Coal Oil (N.Z.) Ltd-, a Company registered in Sep- A further 100,000 Ordinary £l. Shares are being In order that the closest supervision may exist, a x u W94 L ng™ Qm.d-i Wnlp-s th nner-ite in offered at par. Of this issue 50,000 shares are New Zealand Local Board has been set up and will f tember, 1926 in New South Wales, to opera ein subscription by New Zealand im^Qn immed - ately> . W New Zealand, is concentrating at present solely in f or a p er i G d. r> , .. .. f r 4. ■ aII Dnmminn Prospectus, application forms and interesting htera-. f .. . . . . SS fture are obtainable from the New Zealand Chief ■h? The Nominal Capital is &7WW divided into . (g&jaw aOTllsatlM - Brokers: 2/f the B9ESSRS K. SCOTT ©AKBY ® F*Ml to’applications received from previous issue of fey OStal» . . BwloSOg? shares. 2/6 I ff inrm, NOTE: The whole Project has been carefully investigated during the past six weeks by well-known business men in Wellington, Taranaki, and other parts, and a considerable number of shares have been already applied for in ? ® WIiSiB Tte Company’s Brokers recommend early application, as it is anticipated « sw 'SKXeur ■» «.««.»<»• -wtalFW oar 'WdTW 4 hat the New Zealand quota will be quickly subscribed. '*>• Send for a copy of the Illustrated Booklet: ||S :/ % To Rieses. K Soti GaracSy aadl C©., e: f r _<■ ■ A ™ „ s . Es Reasons for failure m the past and success m tno S &.3&P. Mlltags, Ci?st@rtfh©sase We3togC©ia. s g Please send me a copy of the Illustrated Booklet £ Applications for Shares may be made to— -?g b-| | ei @2S 2® Iflsw Seamaid!,” £ MR. P. S. CARROLL, fillo | Name §• McNeill’s Building, New Plymouth, S 1 . Address ff... i. Or to any member of the Taranaki Stock Exchange. ',