SEARCH FOR OIL.
I _ I OPERATIONS IN ALGERIA. By Cable—Press Association—Copyright London, April 3. The Pearson, interests, after the failure .otf Lord Murray's adventure in South America, are now prospecting for oil in Morocco and Algeria. They have sent several gft>logists to these countries to ascertain whether conditions are such as to justify the investment of capital to prove oil. If their experts send satis- ' factory reports, there will 'be no d«lay ( in beginning boring operations. Without waiting fox th» result of these investigations, the Pearson, interests have exercised options on the properties of the Oran Oil Company in Algeria and have acquired another option on tome propertied in the Conetanitine oilfields, also • in Algeria. In addition, they have earmarked , properties oil their own account in Al- ' geria and Moroccot The work is being directed by Lor<D Murray. 1 i
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Taranaki Daily News, Volume LVII, Issue 2, 21 May 1914, Page 3
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140SEARCH FOR OIL. Taranaki Daily News, Volume LVII, Issue 2, 21 May 1914, Page 3
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