Page 27 Advertisement 2

New Zealand Tablet, 11 April 1912, Page 27

OBJECTS.— Company has been formed for the primary purpose of acquiring and operating the Boring rights of The Taranaki Petroleum Company, Limited, over proved and oil-producing lands, and near the seaport of New Plymouth in Taranaki,' North Island, New Zealand. The Company acquires the oilproducing: rights over property at tidewater, a drilling and operating: equipment, and boring rights over three separate reserve territories carefully selected as the result of expert advice founded upon indications -of • oil and gas. The total area over which boring rights extend is, approximately, 4800 acres. ■ . v ' GOVERNMENT SUPPORT, AND BONUS OF •£lo,ooo.—' Government has from time to time made offers of £10,000,. allotted as follows: (a) £2500 to be paid on proof being submitted that not less than 250,000 gallons of marketable crude oil has been won; (b) £2500 on ■ 500,000 gallons; (c) £2500 on ' 1,006,000 gallons (d) the balance of £2500 to be paid to the - person or company who first produces, by his or its own refining plant, 500,000 gallons refined mineral oil; the first claimant giving .necessary proof is to receive : respective bonus. y, ; .. ,-y ■: •• y y; ■ • •... PRELIMINARY OPERATIONS;—Tive wells have been drilled, on; the property (9' be operated by this