Article image
Article image

I Oil "X | ■■ HiliSiSf .. Er RE I BJE Reach |H I | Final Stags /& IECWBRy fmm |M|i I Mime Plant in Full <win« r|||||® II The Official Opening by the Minister of Mines of the huge Oil Drilling Plant now being operated by Coal, Oil (N.Z.) g jSr•••. ••'• Ltd. at Omata marks the pivotal point where the far-reaching investigations of three years of scientific research, hands '9 . i over operations to the drilling experts, and the Diamond Drill will reach for the oil deposits now definitely located. Ek? fl ■ j km How Oil was Located fegS||| The operations of Coal, Oil (N.Z.) Ltd. have at every stage followed the for Geophysical Survey, with its delicate instruments, exhaustive, fl// Z hFI?S orderly process of scientifically directed progress, and form a striking elaborate research and carefully checked recordings, to definitely locate BpjlZZ EkRIM contrast when compared with methods of the past which, in the light the sites for drilling operations. The Geophysical Surveys at Omata . • |g|j I of the discoveries of recent years, are now regarded as nothing but took over two years to complete, but the results have justified the exhaphazard methods of “hit dr. miss.” penditure of both time and money that were involved. The oil accumu- | lations at Omata are how definitely located, and the issue of a Drilling Spy I That there are large deposits, of oil in Taranaki nobody doubts. Its chart by the Elbof Geophysical Council gives positive justification for Hl existence has been common knowledge since 1839, and further proof of the expec t a tion of commercial oil at the Company’s Omata property. . ' twC its presence is provided by the fact that already over 2 million gallons Equally thorough have been the steps taken by Coal, Oil (N.Z.) Ltd. | \ - lir*/' have been P roduced in the New pl y mouth district by methods which tQ obtain modern equipment of tested and proved efficiency, and the g|g; i 111 J | to-day are regarded as elementary. imported plant now at Omata is identical with that used with the great- Sf”? II Coal ’ Oil ( N - z -) Ltd - enlisted the aid of Geophysics, the : new science est success m America. Rl which has revolu f ionised the Ending of oil in America and other comi- further assure S u Ccess the Company engaged the services of Mr. P "C. fOi&bl ■> tvies ’ and removed all from the endeavour to fix the location . ico to control drilling -» KA ttXSI - iOf the natural oil reservoirs below the surface of the earth.. As before, J. lynan ana oujci wpai, ‘’HvrH geology indicated where conditions were favourable, but it remained operations at Omata. | H I c e e H / With everything so fevouraHe to the recovery of oil in forge IGShareholders who have made possible the operations of Coal, Oil (NX) S Ltd - their financial Mil soon reap the reward that is justly »■ theirs. eaSte ' 1 ln this connection it will be readily realised that shares, of which a limited ® number are still obtainable at par to-day, will multiply in value many times ovei with ;,««, %* 5C * i j ow od ’ = 2 V waww». I fBRTNSR PHWMIMTV I COAL e ©ll« (N.ZJ WD. | mwtaranak. | Coal, Oil (N.Z.) Ltd., a Company'registered in September, 1926, in Nev? South Wales, to operate'm New i ' \ | W i Zealand, is engaged in exploration for oil within the Dominion. I Taranaki has ever been an important contn uor o j 1 Shares are offered for public subscription by New Zealand Investors for a limited period at par. | the national wealth of New Zealand, her production of I Shares are payable as follows:- I cheese and butter approximating^,ooo, 000 annually. | w««*® 2/6 per share on application, 2 Taranaki now promises to contribute an even greater j X 2/6 ner share on allotment, and ' 1 quota to the wealth and prosperity of New Zealand. » rrospetM Applied Forms and mtocestrng Literature ore obtainable from the New Zealand Chief j U | 1 Bo.es cpatt iP AKTTYV &r /PO TTD Also from Mr. p. s. OARROLL, = trade balance. Further revenue will be derived from g MESSRS. SCOTI GAWDY & LU, LID., McNeill’s Buildings, New Plymouth i . I exporting, oil to Australia. ■ Australia now pays I 1 - A.M.r. BmWing, ' ,■ <» ~? i,' ’ ' s £14,000,000 annually to U.S.A. for oil. Last year it | I CUSTOMHOUSE QUAY,. WELLINGTON. “ suck fc « toB o. j too k ov ’ er 500,000 bales of the wool production of the I a Every Investor Should Read — I Australian Commonwealth to pay oil imports.. With | C* ' “ OIL EXPLORATION IN NEW ZEALAND.” . . , I Needless‘ to remark, this will bring additional wealth | Reasons for failure in the past, and success in the future.- j and population to Taranaki and greatly increase land j B The subjects of Oil Exploration and Gophysical Survey are too lengthy to lend themselves to adequate j values in t*s * I Ik 1 explanation in this advertisement. For the convenience of investors a booklet has been prepared and | fl ddifinn the profits to shareholders will be of a I Xl 1 printed which deals with both in a lucid and concise manner. A free copy of this, booklet, together with | In addition, the profits to pe 01 a j| the prospectus of Coal, Oil (N.Z.) Ltd. can be obtained free by filling in and posting the Coupon To-day. | very substantial nature. 3 1 I ! I I K| >ll rf 8 I k B *L< vWiW V I • ■ ' ' I essrs - Scott Gandy & Co., Ltd., S \ I ? W (iSn ymi a?3^esli^c on ' A.M.P. Building, •'• ■ ■ * EE \ B Jr OMI 111111 the search for Oil in New Zealand. BWf ' Customhouse Quay, § mi rW> 2 •■ ■ Wellington. E S z= Please send me a copy of the Illustrated .■ S » 1181-L * . .x / ’ “Oil; Exploration in New Zealand” g I 'l|| ’ Drilling operations ■ are in full swing—the huge plant is =., g . working magnificently and breaking records. Address ...... .■.. . = IWI Make your investment quickly. Things are moving. Shares E ...‘G g , / , DELAY! may be beyond your reach fa a few weeks. . r..

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/TDN19300510.2.83.1

Bibliographic details

Taranaki Daily News, 10 May 1930, Page 13

Word Count
996

Page 13 Advertisements Column 1 Taranaki Daily News, 10 May 1930, Page 13

Page 13 Advertisements Column 1 Taranaki Daily News, 10 May 1930, Page 13