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Canberra Times in Canberra, Australian Capital Territory

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Canberra Times

Location

Canberra, Australian Capital Territory, Australia

Date

May 25, 1977

Page

13

Blue Star Line plans Gulf container service next year

The Blue Star Line will launch a monthly container service connecting Australia New Zealand and Middle East gulf ports. Two specialized ships with self loading cranes will operate to Iran United Arab Emirates Bahrain Saudi Arabia and Kuwait. Wool dairy products fruit paper timber and general items are listed as expected cargo with on board discharge capacity.

Blue Star Line New Zealand Middle East Grahn Lightfoot Iran United Arab Emirates Bahrein Saudi Arabia Kasait Ach Jth Gulf London Australia

Repco Ltd Wins Go Ahead for U S Expansion

Repco Ltd, Australia’s largest vehicle spare parts distributor, wins stockholder approval from Geon Industries Inc to take over Geon’s foreign car parts division. The deal includes two major warehouses and 32 branches, boosting Repco’s reach in the United States market with about 12 million imported passenger cars and a scale far larger than at home.

Repco Ltd Australia Geon Industries Inc Repco Geon Industries Renee Sliusi

Oliver-Davey Buys Stake in Mellwraiths Group

Oliver-Davey Glass Industries Ltd says it has acquired more than 10 percent of Mellwraiths, Melbourne based plumbing and building group. Chairman Jim Marks notes plans to buy a further 10 percent on the market but no takeover bid. The firm paid 51.13 a share for the initial stake and would spend about 51.75 million to acquire 360 000 more shares. Equity accounting requires 20 percent to influence profits. discussion on board representation is pending.

Oliver-Davey Glass Industries Ltd John MeKlwrait Industries Ltd Oliver-Davey Jim Marks Mellwraith Melbourne Oliver Davey Mr Marks Mcllwraith Ts Sofiite Perentage Mettersih Marks

Canadian firm moves into uranium field near Chancurry

A large Canadian based company began exploration on uranium deposits near Chancurry in North West Queensland. The company Consolidated Morrison Explorations Ltd will extract deposits and provide technical expertise if viable. Deposits were leased by Geometary NL, the Western Australian 60 pany. An assay report in February indicated selfflawcake deposits about four times the uranium oxide per short tonne than Mary Kathleen.

Chancurry Queensland Consolidated Morrison Explorations Ltd Primide Geometary NL 60Pany Mary Kathleen

West Australian oil and gas exploration spend tally

West Australian Petroleum Pty Ltd and West Australian Natural Gas Pty Ltd report nearly 340 million dollars spent in 25 years to 1976. WAPET drilled 796 wells and core holes totaling 854.27 kilometres, costing 142 million. Exploration 217 million, production and development 91 million, Wang gas line 19 million. Barrow Island field could last about 10 more years at current prices, with production rates falling. about 130 million barrels recovered by 1976, with five times that amount remaining.

West Australian Petroleum Pty Ltd West Austestian, Natural Gas Pty Ltd WAPET Western Australia Wang Perth Barrow Island

Also Mentioned on This Page

Pye Mantel Norman Ross CNR Newcastle and Isa Streets Fyshwick New Shipping Service Oliver Davey Brazil PET Woolworths Asteris Ake Enotes
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