Papuan Bore Down Over Two Miles Progress
p. 10 · Read in the full issue
Two Miles Progress of APC
THE Australian Petroleum Company Pty., Ltd., reported at the end of January that their bore at Kariava, Papua had reached a depth of 11,682 feet that is, slightly over two and one quarter miles down into the earth.
In spite of a rumour in Australia, last year, of an oil strike, no oil-bearing strata has yet been reached.
APC’s new general manager, Mr. L. A.
Pym, arrived in Melbourne at the end of December. He is an Australian by birth but has had extensive experience in petroleum production with Anglo Iranian Oil Company Ltd., in Iran.