PETROLEUM NEWS.
PROSPECTS I.N" SEW ZEALAND. KEENLY WATCHED IN UXGLAND. The Financier (London), of October lath, has nn article, with displayed headlines, on the oilfields of New Zealand and Borneo. After reference to what has been done at New Plymouth, Kotuku and Gisbonie, the paper says enough has been achieved to ensure the further advancement of operations, nnd work of (he next twelve months should be of a highly important nature, and will be watched verv keenly "nv those interested in the oil trade' the world over. If it turns out as seems bv no means impossible, that great deposits of petroleum are successfully tapped, the industry will have a profound effect upon tli ( , prosperity of the colony, and will stimulale it to an extent which cannot be calculated.
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Taranaki Daily News, Volume LII, Issue 250, 27 November 1909, Page 2
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129PETROLEUM NEWS. Taranaki Daily News, Volume LII, Issue 250, 27 November 1909, Page 2
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