THE OIL BOOM.
Excitement at Inglewood
During the past few days excitement has prevailed amongst some of the people at Inglewood. As in many other parts of the Taranaki province, the oil indications in this locality are very encouraging, so much so that it is reported that an Australian syndicate has made an offer to purchase a settler's farm of two hundred acres with the idea of exploiting it. The price reputed to be offered for the land, which belongs to Mr B. H. Nicholls, is no less than £20,000. The oiler was refused. At another spot, situate not many miles from the town, oil is freely llowing into a small stream. In this latter locality the petroleum is so plentiful that the whole face of the creek can be ignited with a match, and the flame has been known to burn for over a quarter of an hoivr. All round the immediate district oil gas is frequently met with.
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Bibliographic details
Wairarapa Daily Times, Volume XXX, Issue 8450, 15 May 1906, Page 6
Word Count
160THE OIL BOOM. Wairarapa Daily Times, Volume XXX, Issue 8450, 15 May 1906, Page 6
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