Page 27 Advertisement 4

New Zealand Tablet, 11 April 1912, Page 27

Company ; in three of these oil 1 was -secured under conditions fully described in the reports of. the experts. ' - A fourth well has now struck oil. •) The wells : are at present' flowing at the rate of 360 barrels ■ per > week. 1 On May 11, 1911, the pioneer : Company was paid : the first instalment (£2500) of the ; bonus ; on : the 5 production -of 250,000 gallons of ‘marketable crude oil.’ ■■■\ EXPERTS’REPORTS.— British Empire Oilfields, Limited, having - received i most ‘.encouraging ft reports on the properties, commissioned > Mr. J. D. Henry to conduct investigations. Associated with .him inthe ; professional work done in connection with these .properties is Dr, J. M. Bell, who was, until recently, head of the Geological Survey, in New Zealand. One statement made by Mr. Henry reads: —-, ; , -*, . ~, .. ‘The property, in a more' conspicuous degree ;; than any j other of which I have a knowledge in the ■ ! > Colonies, has the’ primary essentials ’of an 1 oilfield I in which . one can with confidence recommend an investment of British and Colonial capital 7 it has ‘ .. production, oil which, as analyses show, is of'the , v,’ very highest quality, and a position at tidewater - ' ensuring the easy and economical delivery of plant ; and export of, the crude and. refined products.’’