TARANAKI PETROLEUM.
St/ Telegraph—Press Association, New Plymouth, Wednesday.
Payable petroleum has been struck at the breakwater. The oil expert reports that he obtained IGO gallons of the finest quality on Tuesday, and 80 gallons this morning, whop, he had to stop pumping as heJfrd no more barrels. ' ;
The only drawback is that sea water comes into the well and prevents the oil from flowing as it should. A new bore will be commenced some distance inland in about 14 days, in order to avoid the sea water. The present bore is only about 100 yards from high-water mark
A large company will be floated in Syduoy to put down a considerable number of boros.
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Wairarapa Daily Times, Volume XVI, Issue 5038, 30 May 1895, Page 2
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114TARANAKI PETROLEUM. Wairarapa Daily Times, Volume XVI, Issue 5038, 30 May 1895, Page 2
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