Oilfield Profit Foreseen Within A Year
Sir Kenneth Coles chairman of Australian Oil and Gas Corp told stockholders in Sydney profits from the Moonie field may accrue within a year as exploration targets Surat Basin. Union Oil Development reports Moonie has excellent reserves with 10 wells producing high grade oil. A.O.G will not fund initial costs. profits would split 40 40 and 20 percent among Union Kern and A.O.G.
MENTIONED IN THIS ARTICLE
Queensland
Australian Oil and Gas Corporation
Kenneth Coles
Sydney
Surat
Moonie
Union Oil Development Corporation
Sir Kenneth
Brisbane
Bechtel Corporation of
San Francisco
Union-Kern
Union Oil Company of
Calisfornia
Kern County Gas Company
A.O.G
Union and Kern
Oome
United States
Kenneth
Murray
Oaklands
Long view of Echo satellite seen over city for years
Eyewitnesses report Echo 1 passing over the city in recent nights and expected to remain in orbit for about 200 years. Spokesman Mr Stromlé notes best viewing window a few hours after sunset and before sunrise as the sun reflects from the 100 foot balloon surface.
MENTIONED IN THIS ARTICLE
Echo 1
Us Jt
U.S
Workman Shot With Nail Dies in Perth Construction Accident
Velko Garbin, a 27 year old bricklayer from Willagee Perth suburb, died after a four inch nail fired from a power tool shot through a door frame and brick wall, traveling 53 feet, striking him in the stomach. Another worker fired the tool into a door frame with a blank cartridge. Garbin died en route to Fremantle Hospital.
MENTIONED IN THIS ARTICLE
Perth
Hiricklayer
Pinthees
East Hamilton Ain High
Velko
Victor
Garbin
Rideney Street
Willagee
Fremantle Hospital
Also Mentioned on This Page
Peele
Allowrie
Pki
PMU
Jellies
Boz Imperial
Colgate Economy
Young's
Kingston
Queanbeyan
Young
Sydney Basin
Singleton
Canadian Australian Oil Co. Ltd
A.O.G. Murray and
Oaklands Basins
ECHO