The Archive · 1934

NEW GUINEA'S OIL FIELDS

Batavia, Feb. 6.

A huge government plan for the development of ollsielda in Nether. ands "New Guinea is embodied in Dill, introduced to-day in the Under the bill, contracts will made for the exploration of a surface area of 10,000,000 hectares, of Which 1,000,000 will be selected for exploitation, The, concessionaires include the Bataafsore Petroleum Ca., the Neder Jandsche Koloniale Petroleum Ca. kam and the Nederlandsche Pacific Petre-

The Royal Dutch and Standard companies are also interested in the Scheme—Reuter,

Text read from the printed page and cleaned; old type leaves the occasional error.

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