New Factor Promised In
p. 134 · Read in the full issue
Islands’ Oil Supply
AMPOL interests— based in Aus tralia—announce that, withri the production of oil inn Western Australia, they expect too be able to distribute oil products especially motor-fuel—in the Pacifico islands at a competitive price; andfc are made accordingly./ They already have commenced £ the shipment of Ampol kerosene too the Islands, and they report that! ing S ” ra(^e * s “ con stantly expand- - If this development occurs, thee trade may tend to follow the best l distribution service; and in this a respect the old-established com- panics have a big initial advantage...; The Australian company, however, ,• thinks that, as the result of the 9 West Australian development, it f can cope with this.
Search In Papua
Meanwhile, the Australian Pet- roleum Co. has returned with r vigour to its search for oil in Papua £ —interrupted several months by a t. broken drill at the 2J-miles-deep c Omati bore. Operations in the bore s have been resumed; another bore 9 is being put down two miles away; and preparations for another drill- ing are being made on a site at j Kuru, 25 miles northwest of Kikori.