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TARANAKI PETROLEUM.

A telegram from New Plymouth says :— Payable petroleum has been struck at the breakwater. The oil expert reports that he obtained 160 gallons of the finest quality on Tuesday, and 80 gallons yesterday morning, when he bad to stop pumping as he had no more barrels to fill. The only drawback is that sea water cornea into the well and prevents the oil from flowing as it should. A new bore will be commenced some diatance inland in about fourteen dayß in order to avoid the sea water. The present bore is only about one hundred yards from high-water mark. A large company will be floated in Sydney to put down a considerable number of bores. The expert will take ten barrels of oil with him to Sydney on Saturday next.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS18950530.2.32.3

Bibliographic details

Star (Christchurch), Issue 5271, 30 May 1895, Page 3

Word Count
133

TARANAKI PETROLEUM. Star (Christchurch), Issue 5271, 30 May 1895, Page 3

TARANAKI PETROLEUM. Star (Christchurch), Issue 5271, 30 May 1895, Page 3