Oil Search In Papua

Australian petroleum co. ltd., reported on January 10, as follows, on the progress of boring in Papua: HOHORO: Depth 3,585 feet. Following cementation of 13 3/8 inch casing at 2,539 feet and changeover of well-head, hole has been cleaned out to bottom and drilling is now pro ceeding.

UPOIA: Depth 3,662 feet. Fishing operations are proceeding, frozen drill pipe having been re covered from 1,240 feet to 1,770 feet.

MALALAUA Camp development is proceeding; substructure and derrick erection commenced.

WANA: Levelling of rig site has been com pleted and work on foundations commenced.

ORIOLI: River and land approaches to the rig site have been examined to decide upon an access route.

A report broadcast in Australia on January 10, that traces of oil had been found in a Papuan bore, did not come from the APC.