PETROLEUM.

Taranaki Daily News, Volume LII, Issue 88, 10 May 1909, Page 2

PETROLEUM.

At a meeting of the directors of the Taranaki Petroleum Company. Ltd., on }' inlay night, the Board decided to'extend Mr. Simpson's engagement. The directors also considered (he future policy (.1 Hip company fc, reference to the sinking ol i, „ew bore and decided to dele,- their final decision until Thursday next .when they propose visiting a fingested site. " From reports of the three previous "'at on .Friday, April 10 the pump was working all day' and 81/. barrels 0 f oil were run into the cement l„„k. On the following day 11'/, barrels of oil won- pumped into the L nk making 22 barrels since the pump a tualy started working „-„ tho *,„£ ous Meduesday. On .Monday. April 10 pumping was resumed. |„i|' t | u , ell ' "oik well. Thirteen barrels of .mod oil were obtained, however. Next dm- the l'"'»P™« Uken on! after „„: addition, 1 '' !'«"'; *' "i oil had bee,, obtained, 1 » »*»!! tin; total to 40 1,,,,,.!, f, lr ;,■/,' ' ajs nuninin,,. 1:,. ]1: ,ii-; were ell'eeted V pump and on Friday:,,,,! Salur- ''" •.- 1 -' 1 ""'1 24th ult.. i ( , v ,is a-ain j»" '■'"'• Hie well. „„ ellW, |,ei„„ " 0 t» i.•commence „,„„„;„„ operations on Monday. ,l,e L . (il |, ,„„ „. i(|l||||l "no Ibe iiiimp 1,;,,! ~„.,;„ ,„ , )( ; w;ili ' , n ';l W " M11 " ,, l , "i l '»: "''•'■«' ■■"-""» oll'ected and „, '',•"" '," "" ""■ 3 "H'- Pumping •'"•'" S. continued until g o'clock nevt morning, when it was f„,„„, ~ 1,.,.1 ~, , loiiini the cups • I »«ni «.« la (he 17 hours IS 1„, - *'-« g-d oil lo„n,een ol„a!„ed. The i mii,,, „„s overcome and pumping ,-,. joined again „„ Wedne„l,, v ~oniin,» l»-l ; I».t by Thursday , ,„." ..""wor? again worn out by the ~,-it, after work- ''!)-' «el lor about eight hours. The oil £{' d '"'»• '« l'°»W been melts,!"!