PETROLEUM.

Taranaki Herald, Volume LIV, Issue 13371, 12 January 1907, Page 6

PETROLEUM.

Matters in connection with the [ nglewood Oil Boring Company are as they were. , The arrival of the . expert is awaited ; he is expected to arrive here next week. Active boring operations should soon commence on the Taranaki Oil and Freehold Company's property or. CaTrington-road. The preparation of a road and a site for the bore. i • almost completed. All the neccs sary machinery has been ordered. Owing to the fact that about 30 pieces of the Urge timber to be.used fjr the derrick on the Bonithon Company's property arc still in Wellington, nothing has yet been done on th;j ground. A meeting of shareho'lers in th? coripaiy is to be held in Wellington on Tuesday next, and it is expected tfiat thereafter a start will be mad?. AbDUt thrty applications have been received for the position of secretary to tho Taranaki Petroleum t Company. | A commencement has been made with boring on the Mission static n' (No 4.) At No 2 bore Nr O'Dowda his got a hold of the broken casing Inl is slowly raising it.