Rich Oil Reported in Dutch N
p. 51 · Read in the full issue
Dutch N. Guinea
WE are informed, on very good authority, that an oilfield, capable of development on a large and pro fitable scale, was discovered in Dutch New Guinea some five years ago; but that, owing to the war, the discovery was kept secret, and that nothing develop mental will be done until the war is over.
The location of the field is not indi cated, but it is said that “the American companies, including Texaco, are in on it.”
If that is so, it points to Manokwari peninsula, north-westwards of Geelvink Bay. Dutch New Guinea is shaped like the head and shoulders of a bird, with open beak. The United oil companies hold the concession in the top half of the beak (Manokwari, etc.); Dutch in terests hold the lower half of the beak, the neck and the shoulders; and an Anglo-Australian syndicate the part cor responding to the breast (generally around and northwards of the Digoel River).