OIL DISCOVERY.

Taranaki Herald, Volume LX, Issue 143765, 13 April 1912, Page 4

OIL DISCOVERY.

PETROLEUAI SPRING FOUND AT AVILLESDEN. In boring an artesian well for tho AN n.u- ueuvUcr limitary, ?3tonenridgo Park, near AVillesden Junction, oil has been discovered at a depth of 1,600 ft. One of the directors of the laundry (which was founded about ten years ago by four young men from Cambridge.! said to a Dally Alail representative: “We have had several members of City companies up here already, including a representative of the Standard Oil Company. AVo had found a splendid quality of water at a depth of 1,000 ft., but the quantity is short of our requirements, and that is the chief reason why we are going deeper. The well at present is 1,740 ft. deep. AA'e piefcr to test the real value of the oil discovery before making any sort of ‘deal.’ ’*

The Petroleum 'World says: “The oil is not found l in quantity, but the circumstances are such as to mark the discovery as possibly a most important one. At tho depth of about 1,600 ft. traces of petroleum were encountered, accompanied by distinct evidences of gas. Not enough oil has been found to be collected for analysis, but from a personal examination of the deposits the writer is of opinion that it is_ a viscous oil of heavy character, containing little if any benzine or kerosine, and useful possibly for the manufacture of lubricating' oils and almost certainly as a good fuel- oil.”