PETROLEUM NEWS
SALE OF SCOTTISH SURPLUS. By Cable—Frees Assxjoiation—Copyright. London, August 25. Owing to the accumulation of surplus stocks Scottish mineral oil companies have sold to the Standard Oil Company large quantities of refined oil at IP/id. per gallon. TARANAKI COMPANY. Mr. C. E. Bellringer, acting chairman of the Taranaki Petroleum Company, has received a cablegram from Mr. C. Carter to the effect, "Do not sell oil." The directors have therefore withdrawn from sale the oil in stock, which was under offer to different people. There is little to report from the works of the company. Oil is flowing freely from Nos. 2 and 3 bores, and work is proceeding at No. 5.
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https://paperspast.natlib.govt.nz/newspapers/TDN19110828.2.34
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Taranaki Daily News, Volume LIV, Issue 58, 28 August 1911, Page 5
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113PETROLEUM NEWS Taranaki Daily News, Volume LIV, Issue 58, 28 August 1911, Page 5
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