PETROLEUM NEWS
A NEW YORK COMPANY FORMED. By Cable—Pro»B Association—Copyist. New York, April 10. The Oil Trust Limited lias been floated with a capital of £200,000 in two million two shilling shares. „ The of iiu pan v is issuing 1,500,000 shares, with which it proposes to secure properties in British colonies, particularly in Australia 'and New Zealand, OPERATIONS AT MOTUBOA. Wovlt at the bores is now in full swisn. Boring wa* reoommeiiced Xo. 3 vesterdav, some fifteen feet being bored.' The bore is full of oil up to within fiftv feet of the top. As soon as the oil is reduced and the gas "iven a show to display itself, it i* expected there will be considerable activity at this bore. -Hailwavn The (ieneral Manager of Hallways, HFr T Roimvne) was an interested yißHo was accompanied bv Mr. Burnett tralYie manager) and F. J. Jones ( <lla triet railway engineer).
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Taranaki Daily News, Volume LII, Issue 365, 16 April 1910, Page 4
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149PETROLEUM NEWS Taranaki Daily News, Volume LII, Issue 365, 16 April 1910, Page 4
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