PETROLEUM.

Taranaki Daily News, Volume LII, Issue 128, 28 June 1909, Page 3

PETROLEUM.

II? fBAftATJAKT PETROLEUM COMPANY K The oil vein at present being exploit ■L ed by No. 2 bore at Moturoa shows m ■f Mlcation ol giving out. The manage ■t. »ent, in order that reliable data re H. specting the producing capacity of tin , vein may be gauged, is measuring tin quantity pumped barrel by barrel, "afte it has been steamed and separated fron the water and silt, before being nil into the large underground tank." 'iw last of the oil pumped during the weel ending Saturday lDtli was steamed am off on Thursday last, ana the li'nire from tile driller's daily log shov equal to the splendid averaw barrels a day. I n addition then 10 or 12 barrels of refuse oil in conjunction with the gas fron bore, is now used for fuel in t)ii house. For the week endinj last, June 2«th, for 0U hours put in tile underground tank. Par Friday's and the whole of Saturday '; pumping is not included, being still un the week equals about 60 barrels TARANAKI OIL AND FREEHOLD COMPANY. 'During the lasfrfew days the prospect: Oil and Ereehold Company's bori Vogeltown have become distinctly As already reported, som' samples of oil haw been obtain from the bore for some little tinv past. The source of these was effeetu ' ally cut off by the bore being easei und a water-tight joint being put ii it. Having thus shut off every W thing, Mr. BaMoch proceeded witn thi ■ drilling, and on Friday had evident!; B g°t into country bearing oil in more pro ■ notweed quantity. The pump brough up with it at each lift water strongl; with oil, which formed i Uicjc scum on the water as it settled cha£pg in color with exposure fron a bright orange to a dark green. Oi Baturdajk the indications were much th< game. <#l is there in a very appreci able quantity, much greater than when it was fouM a little higher in ,th< bore. The present development must regarded as distinctly encouraging.