PETROLEUM.

Taranaki Daily News, Volume LII, Issue 166, 7 August 1909, Page 2

PETROLEUM.

TAItAXAKI PliTHOLieiWl CO. A meeting of till' director ~( tl U ' Ti.ni-iiaki IVtrolcn,,, Co. was held last nigh, when Mr. ('.Carle,- was apposed iOi-al chairman for tl„< ru-uiiijr molU |,, NO. ■• JHiliK Mr. I), Hern- reported that the casing tail been loosened aftor the application of considerable strain, enabling, he Imp. c.l. the casing l„ |, ( . ,|ra\vu. Should tliw result as anticipate,!, any defective lengths could be replaced and the additional perforations made above ground, instead of the more laborious method of perforating it while still in the bore, The drillers' report showed that for the week ending 24th July. 4(1 barrels i,t oil were secured. From .Monday, July 20th. t„ .Monday, August 2nd, 55 barrels were pumped. XO. 3 HOKE. 'I he manager, Mr, Simpson, reported on .No. ;i bore, that he had drilled up the shoe and pieces of easing that had »'cn left i„ the well, and had a perfectly clean hole. The veil was now drilled to a tot,,] depth of 2340 feet and the T","' " mv W,n " l ,ut (low "> alrout 2000 Jeet being ~ow in. lie expected to nave the balance in early in the comiiiweek, and to proceed with the drillin" double shifts to be worked to test the wwer strata as soon as possible.