Apinaipi Co.'s Operations
p. 34 · Read in the full issue
Papuan Oil Search
From Our Own Correspondent
Pt. Moresby, Oct. 20.
rpHE field manager of Papuan Apinaipi X Petroleum Co. Ltd., Mr. R. S. Haynes. who left here recently on a business trip south, stated that houses, roads and other necessary work on his Co.’s conces sion have been completed, and three scout bores have been drilled, while aer ial surveys of the area have been made.
Two scout bores were drilled on the Apinaipi structure, and gas was encoun tered with a surface pressure of 250 lbs. to the sq. inch.
At the Oiapu structure. No. 1 scout bore has reached 1,007 ft. Evidence shows that underlying strata contain gas and oil.
It is proposed now to test the area by deep drilling. Application has been made to the Commonwealth Govern ment for the loan of deep drilling plant, and for a £ for £ subsidy. If the appli cation is granted, the deep drilling plant will first be operated at Oiapu and, later, at other locations.
The Co., by advertisement in Austra lian newspapers in October, offered an other issue of shares to the public.
Rev. Dr. Guiseppe Capra, regius profes sor of the Universities of Rome and Peru gia, who recently arrived in Australia, was the guest of Bishop Nicolas, of Suva, Fiji, in October. He intends touring and ex nloring in Samoa, the New Hebrides and New Caledonia before returning to Rome.