PETROLEUM NEWS.
TAKAXAKI (X.Z) OIL WELLS. OIL AT Till-: COTAUV ISOItK. After the (loventment Geologist (Mr. .Morgan) e.\pre>seit himself on Friday as satisfied that water had been shut oil' from the rotary bore, arrangements were at once made to proceed with the deepening of the bore by the pereussion system. Alter going down about IS or 20 feet, strong' Has emanations were noticed. Drilling operations were at once stopped and the sand pumji brought into requisition. with 'he result that each time :t came to the surface traces of oil were found. The bore had just penetrated the oil stratum when the gas emanations were noticed. Drillii.g was re-commenced at I- o'clock' last night.
It is stated that a syndicate is being formed in Palmerston North to work what is believed will prove an excellent oilfield at Katiaranien, near Ilawcra. A seam of lignite has been found which is held to indicate the existence of a coal bed below, and the indications of oil are very strong.
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https://paperspast.natlib.govt.nz/newspapers/TDN19140223.2.22
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Taranaki Daily News, Volume LVI, Issue 201, 23 February 1914, Page 4
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167PETROLEUM NEWS. Taranaki Daily News, Volume LVI, Issue 201, 23 February 1914, Page 4
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