PETROLEUM NEWS.

Taranaki Daily News, Volume L, Issue 60, 16 September 1907, Page 2

PETROLEUM NEWS.

| s TARANAKI COMPANY'S REPORT. The following is the weekly report of the Taranaki Petroleum Company, Ltd.: s No. I.—The clearing-out of this bore s is progressing well. The silt has been t cleaned to below where some easing y was left in the well, and tools are now ~ ready for lishing to get hold of and j draw this. When this is done the balh ance o: cleaning-out should not take r Jong, unless further obstructions are i met with. t No. 2.—The casing in this bore has 5 been lowered from time to time all the t week, and every streak showing any j degree of hardness has been tested in . the hope of shutting off the water, but 3 so far without success. The total depth , is 2123 ft, and it is cased 2114 ft. 1 No. 3.—After pumping this well dry on > Monday, the water found its way in j again, on Tuesday. On pumping some ( HiUOl't there was a good show of oil, i and on Wednesday 1% barrels was ; pumped off the top of the water, but I the water was still rising. On Thursday . another barrel of oil was taken, but . water was not yet shut off. i No. 4.—At this bore the work of . reaming, to take the Sin casing in lieu i of the Gin, lias been going on all the i week, 277 ft being reamed and 242'/ 2 ft being cased, so that steady progress has > been made. General. —The chairman, Mr: Berry, i has received a letter from Sir Bovcrton ' Redwood, to whom he had written, stati ing that ho was quite prepared to supply complete plans and specifications and also engage for Ihe company a thorough- . ly competent chemical engineer for the erection of a complete refinery plant. lie also states that since receiving Mr. ", Berry's letter he had seen Mr. George \ Adams, "who has returned to this coun- [ try most favourably impressed with the ( prospects of your undertaking." , Sir Bovcrton Redwood is the first and ! no doubt the greatest authority on I petroleum l ——■ . =