PETROLEUM NEWS
The oil field at Kotuku, (Ircynirmth, is now being exploited by the up-to-date boring planl of the Shell Transport Company. It is understood this company has secured the rights to prospect over some ;>(),()(>0 acres. The bore is situated in the heart of a forest, some miles back from any previous wells. At the opening function recently the principal persons present were Mr. David Zimaii and Mr. Joseph Taylor. The derrick is 70ft high, with a base lllft square, and it will be easy to bore to a dupth of 3000 feet, as far as the plant is concerned. The cost of the plant, as placed upon the ground, is about tfiOIIO, As a precaution against lire, the boiler-house is detached from the derrick. When the machinery was set going, and after it had done some work, Mr. Ziman made a few remarks to those assembled. lie said lie had been fortunate in getting the greatest oil business men in Europe to interest themselves in the undertaking. The result of examinations bv experts sent to inspect the district was the starting of the boring that, day. It may be mentioned thai for over ten years Kotuku lmd been looked upon as a possible oilfield. Mr. Zitnau, after securing options of SO.IJiIO acres, floated a syndicate in London with £IOO,OOO capital to develop the area.
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https://paperspast.natlib.govt.nz/newspapers/TDN19110908.2.64
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Taranaki Daily News, Volume LIV, Issue 66, 8 September 1911, Page 6
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226PETROLEUM NEWS Taranaki Daily News, Volume LIV, Issue 66, 8 September 1911, Page 6
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