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Canberra Times in Canberra, Australian Capital Territory

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Articles on This Page

This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

Jan 26, 1968

Page

4

Kingfish B-1 Confirms Oil Reservoir Potential at Kingfish Field

Reports from the Kingfish field indicate two successful wells and the potential for two major oil fields. Early testing suggests a production trajectory toward high daily barrels, with estimates around 135,000 barrels per day possible by late 1970 amid platform development and weather-related delays.

Eswo-Bhp Hare Streit Maitmie Sns Abel Roy Hilien Ponent Mar Ners Fairhair Barraconra Pairhaitneld Australia Jon Beharon Tami Siolleant Sit Met Cieenvle Fanngune

Metals Exploitation reveals profits from Greenvale nickel venture

Metals Exploration on the London Exchange reports a nine million three hundred sixty four thousand four hundred eighty four pound profit for Hamersley and outlines plans for metallurgical tests on nickel sulfide ore from Greenvale Queensland. The Greenvale deposit spurs initial share activity and ongoing feasibility studies through 1968 with potential tax and depreciation implications.

Colonial Mutual Life reports record year and rising premiums

Colonial Mutual Life posted a record year with higher premiums and expanding operations. The company noted strong provisions and a solid cash position, with profits influenced by sales growth and ongoing strategy to strengthen the portfolio.

Colonial Mutual Life

Real Private Equity Figures Show Diversified AGC Performance

AGC reported 1966 results with profits improving, interim dividend steady, and sales expanding in Australasia. Net earnings rose as revenue from shipping and rural Wales assets supported gains, while depreciation and payables influenced balance sheet dynamics.

Suriast Agc Breonfer Orp Aarni Simelcapital Ip AGC Deninys Lascelles Bank of New South Wales Bigges Australis Amidend Ffebruary

Australia to Meet 40 Percent of Oil Needs Locally

Report notes Australia can supply about 40 percent of its crude oil requirements and reduce dependence on imports. Government officials cite new exploration and refining projects as key steps toward increasing domestic output and energy security.

Australia

45m Tons of Nickel Ore Discovered in Queensland Deposit

Metals Exploration NE and Freeport of Australia Inc report 45 million tons of interitic nickel ore at the Greenvate deposit in north Queensland. Ore appears to contain about 1.55 percent nickel and 0.11 percent cobalt.

Western Mining] Corporation Rambalds Speed Tool Tecl

Also Mentioned on This Page

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