PETROLEUM.
Mr. Simpson, the manager of the Taranaki Petroleum Company, Ltd., 1 reports to the directors that ycstcrd.lv afternoon, when boring deeper in No. lie struck a considerable How of gas, which lie estimates at about sll,<lUftft per day. So far as Mr. Simpson is able lo judge, this seems to indicate the presence of oil below this gas vein, but in what quantities it is impossible to say with any degree of certainty as yet, but shareholders will be immediately informed if any further developments of importance take, place.
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https://paperspast.natlib.govt.nz/newspapers/TDN19081009.2.27
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Taranaki Daily News, Volume LI, Issue 245, 9 October 1908, Page 3
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90PETROLEUM. Taranaki Daily News, Volume LI, Issue 245, 9 October 1908, Page 3
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