No Oil Permit For
p. 122 · Read in the full issue
Enterprise Of Ng
THE application made by the Australian gold company.
Enterprise of New Guinea, on February 9, 1950, for a permit to search for oil in the Trust Terri tory of New Guinea, was finally re fused, in July, by the Australian Minister for Territories.
The Australian share market has on occasion reacted sharply to un confirmed reports that associates of the company had knowledge of “sealed bores” in areas in the Sepik country, supposed to have been located by Dutch oil-seekers on the Australian side of the border. It was said the Dutch opened them up, tested the bores, and sealed them up again.
Reasons given for Departmental refusal included: That the area sought was “uncontrolled” territory and that the company did not have the financial or technical resources deemed necessary.
Rev. W. and Mrs. Anderson, Rev.
H. M. and Mrs. Bell, and Rev. C.
W. and Mrs. McLeod have returned to the Presbyterian Mission in the New Hebrides, accompanied by new missionaries Rev. J, and Mrs. Poon, and Rev. R. W. and Mrs. Kirkby.