BONITHON PETROLEUM CO.

Taranaki Daily News, Volume LIV, Issue 259, 2 May 1912, Page 8

BONITHON PETROLEUM CO.

.! , PROPOSED OIL-BOEING PLANT. | The Bonithon Freehold Petroleum Co., .which is_ m possession of boring right* , m certain districts in Taranaki, in!imoV°, commence operations with a 1 1912 Parker-Mogul 20-inch rotary plant. ! it is claimed for the rotary plant that it .lias qualities of prospecting or drilling ahead not possessed by other plants 11ns is accomplished by using a .small I , i" 11 Btl ' m dril,in ff a *niaU hoi* ( ahead. This avoids the setting of a . Ipipp until the hole is carried down to , the desired drpth, and saves on an average nearly ;i0 per cent, of pipe compared I with percussion drilling methods. With this system there is no collapsing of drive shoes, no sticking of the pipe or casing when being set, and no constant moving of the pipe to prevent sticking. It is claimed to possess many other advantages, which are set out elsewhere, over cable tools, and is being rapidly and widely adopted by experienced operators all over the world. It is not an experiment, but a tried and approved process, both rapid and practical in its results. The company is now prepared to accept applications for shares, not to exceed 1000 in number, the applications to be made to the toon, secretary, Mr. W. McLean, Lambton Quay, Wellington. ' °