PETROLEUM.
TARANAKI COMPANY WINS BONUS. ~ OVER A MILLION GALLONS WON. Whilst in Wellington last week, Mr. H. Okey, M.P., waited upon the Minister of Mines (the Hon. Mr. Macdonakl) and found that, as a result of ithe recent inspection to the works of the Taranaki (N.Z.) Oil Wells, Ltd., by the inspecting officer of the department, Mr. Eeid, the company had won the final bonus, over one million gallons of oil having been taken from its bores at Moturoa. The papers were now before Parliament, and would be dealt with in due course. Mr. Okey, who had been in communication with the Minister in connection with a subsidy for the Huiroa bore, there being £IOOO out of the £9OOO voted by Parliament some two years ago to assist the oil industry not as yet allocated, made further inquiries into this matter. The Minister stated that he considered the company should receive some assistance, and the report of his officer was also in that direction, but Cabinet was reluctant in entering into further liabilities before March 31, However, he had placed the position before Cabinet, and it would receive consideration,
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Taranaki Daily News, 25 January 1916, Page 6
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189PETROLEUM. Taranaki Daily News, 25 January 1916, Page 6
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