TARANAKI OIL BOOM.

Kaipara and Waitemata Echo, 28 January 1914, Page 3

TARANAKI OIL BOOM.

STICK TO "YOUK SHAKES

Do you happen to possess any oil shares 'i If so hang on to them! They are worth money though you may have beeu on a b .d wicket for tho past few years. Theie are experts and exports, as well as fraids and " gas-pipts," but wo thick Taianaki has at last " Struck lie " in finding a genuine expeit. so that supposing you hold no oil shares, you are interested in the industry that is going to " make millions." EXPERT FROM CALIFORNIA. An oil expert with credentials at least as good as could be obtained anywhere in the world is to report presently (says the Dominion) on a big oil area in Taranaki. He is Mr L, Van Eppa, now m Wellington, but at home he is field manager of the ~D, L. Petrie oil properties in California, properties which constitute the holding of the pacific Petroleum Company, of which Mr Petrie is still head. Mr Van Epps has been brought up in the smoil and spray of oil weJJs all hit> life, and lie is now, say forty years of age. He Wijs burn on thQ Pennsylvania iield, but fifteen years ago he moved over to the newer and nqw the bigger field near L.os Angeles The output ofthis new Midway iiuld | iast year was one hundred, million barrels of oil, wnieh makes it the biiij.'C'fct. lield in l]ie world. To this | total the Putiie propeities contributed |at the rate of uo.OOO barrels a | month. tl'roin the Midway field the I K-.tanduvd Oil Company have three j pipe hues running oOU miles into por I iuohujiind, where the biggest refinery lin the world is situated. These pipes will cairy PU.OUU barrels ci oil a*day. There are also other pipe lines, arid iram n>ads of oil uo' out day and ; night. j "" In qnte of all this," said Ah Van | Epps to a Duiuir. ion interviewer, "the I produce? is iuiving v hard try | ing to ope with denifiiid. oiid in UuJi- , [orn:a \ve at\; c->i'ist<i:.'l!v i's'il'.'. iti^r Hii ; storngi;. This shows, <■'{. p^iu-rio, tiu: ; i'.mitk'h.s deuiaiid i-;v rii. W'iiv i'!i"Vf. I ;;> not a pi.'ii-'.u (.it (j:;ii I) 111: iL. iv not i Ai'.;.!v:!i:s. Oiiv ioco'.iioiivot-! and ail oui : iiidiioiMi-s lisi! oil i'u=-!: and in ii\ c ; A:.'i.us wu will have a million \) 'op!-1 ir: ■ i Lois Angles witi.ou/. an; doulr wiia',;- ---! v.-.vev.