PETROLEUM.

Taranaki Daily News, Volume XLVIII, Issue 81917, 1 February 1907, Page 3

PETROLEUM.

/ Mr .McDonald, manager fur the luglewood and Jloa Companies,, sails by next 'Frisco boat wuli the intention of obtaining plant for the two co.n- . panics in (|iicsU"ii. During his. ah- '■ sence the derrick timbirs will be obtained and slacked upon tee sites selected liv .Mr .McDonald, and any ne ce.-sary road mending ui site done. On the m Dinger a r.turn little time will lie lost in'getliiig to actual work, and i the directors hope to commence di'ill- . nig witnin ilire,' lu'inllrs from date. r The time occupied in diihing li 201)11 i feel should not exceed, it is estimated, , at the on,side six months. The country is not likely to prove very rel'rac ; lory t'i work and il. as expect d, the i oil'win Is prove :o be ueaier the suri I'nie at In-'lcvoo-l than at .Moairoa, no pe.u Line should elap-.ii before definite r, Milt- are o'.tallied. Tec importance of the inland bores can hurdle be ovei'c-tiuat.d, as si,old i MU-r.es at.end ,he,c c.illip.U'.i-M, tile Tai.inaUi oillield will have l.e/n proveil to cxi.it over a very large urea, and the resulting bcie'lits to the dislri, We are pleiis-d t.i see this unite.! efort on the jiart of two i-cparale. co.npaiiies. as it murt neci'ssiniv inee.ii greater cllichm.■ ,• and economy, eouse ,p;enUv leaviig more c.rdi in.ui.i!>l>I'm- tiie work ol dulling. I'he J'.oiotlion sviidieale he, a-.-cejit-.il tenders for die end f derrick and necessary bindings, and for -... it'uig up lnachiuerv and plunl in rc.uliaess for boring. ' Mr Iv-ill). the boii-r, w! o recently arrivcl from Sydney, expects to be at work on the properly very shortly. Jlr \V. McCray, an American oil expert, who is inspecting the. Tuianaki oillields. was taken by Mr.l. C. Davi.-s yesterday to vi-it several oil bearing 'localities'.