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EXPLOITING IRAQ OIL. NEW YORK, April 20. Mr AV. 0. Teaglc. the president, and Air .1. A. Moffett, the vice-president of the Standard Oil Company of New Jersey, who arrived here in the Mauretania to-day, announced that the London the three groups of partners in the I Turkish Petroleum Company had arrived at an agreement in principle with Air C. >S. Gulbenkiam which | makes it possible, as soon as the final contract between these groups and Air Gnlbenkiam It is been concluded, for the American group to secure their share of participation in the Turkish Petroleum Company. I The ownership will then he vested in | the four international groups, each I with a quarter interest. Air Gulben- I ! kiam’s interest will he in the form of royalties. The company will exploit in Iraq wl|u is believed to be the world's richest oil field, and this is tiie first <ccasion on which the four great oil syndicates have agreed to work together. The American group comprises the Pan American Oil Company, the Gulf 'Company, the Standard Oil, New •Jersey, and Standard Oil. New A ork, l,nd the other participants are the Royal Dutch, Shell Anglo-Persian and the French group.

.AY lira! Away from school to-day ? Give the child “ Nazol ” for that cold or cough. No cold is " Nazol ’’-proof. Take it on sugalr. 60 doses Is 6d.—Advt. “ Make yourselves nests of pleasant thoughts” (Ruskin), while “No-Rub-hing Laundry Help” is doing the weekly washing.—Advt. "Don’t forget to get that bottle of “ Nazol.” Only Is Sd for 60 doses, and it really does nip a cold “ in the hud.”—Advt.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19260612.2.38.3

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 12 June 1926, Page 4

Word count
Tapeke kupu
266

Page 4 Advertisements Column 3 Hokitika Guardian, 12 June 1926, Page 4

Page 4 Advertisements Column 3 Hokitika Guardian, 12 June 1926, Page 4

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