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PETROLEUM.

THE MANGAONE FIELD,

By Telegraph—Press Association. Eketaliuna, Last Night,

At the official opening on the occasion of the commencement of boring by the Mangaone Oilfields, Ltd., at Tane to-day, a large crowd was present, including Wairarapa and Hawke's Bay speakers. It was explained that they had got the best style of drill in the world, and highly qualified experts in charge. It was expected to bore 2000 feet in two months. The venture is co-operative, as practically all the option givers are shareholders. The experts are agreed that the locality is most favorable, and hope within three months to see oil flowing and the methods adopted play an important part in the future industry of New Zealand. Mr, G. R. Sykes, M.P., declared the boring open. Drilling commenced at 1 p.m., and was four feet down by 3 p.m. Heavy timber retarded progress. The drill will work night and day.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19121129.2.41

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume LV, Issue 165, 29 November 1912, Page 5

Word count
Tapeke kupu
151

PETROLEUM. Taranaki Daily News, Volume LV, Issue 165, 29 November 1912, Page 5

PETROLEUM. Taranaki Daily News, Volume LV, Issue 165, 29 November 1912, Page 5

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