Pacific Islands Monthly
The news magazine of the South Pacific · since 1930
Pacific Islands Monthly, 16 December 1946Vol. XVII, No. 5

For Papua

p. 54 · Read in the full issue

Page 5454

ARC Extensive Plans For Papua

Australasian petroleum company Pty., Ltd., recently annomiced that Mr. C. Saunders has been re-appoint ed General Manager of the Company, and that an intensive programme has been prepared covering drilling, geological and geophysical operations in Papua. A Gru man Amphibian aircraft has been pur chased in USA to facilitate field work.

Since resumption of operations early in 1946, the drilling camp at Karaiva, Papua, has been rebuilt, and the necessary ship ping, workshop, power and storage facil ities have been provided. The drilling rig and machinery has been recommis sioned and the well, which had reached a * of s>4o ° feet P rior to suspension of drilling activities in 1942, has been opened up and found to be in excellent condition. Drilling has now been resumed.

The shareholders of Australasian Pet roleum Company Pty., Ltd;, are D’Arcy Exploration Company Ltd., of London (wholly owned subsidiary of Anglo-Iranian Oil Company Ltd.), Vacuum Oil Company Pty., Ltd., of Melbourne; and Nominated Holdings Pty., Ltd., of Sydney (wholly owned subsidiary of Oil Search Ltd.).

Mr. John Bryan, geophysist. of the oil exploratory company of Robert H. Ray, Ltd., Texas, has arrived in Australia, where he will be joined by five others. They have a two-year contract to do explora tory work in Australia, New Guinea, and other parts of the South-west Pacific for the Vacuum Oil Company.

Digitised by the National Library of Australia · OCR text via GLAM Workbench · uncorrected OCR, expect errors
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