hopes of 25m barrels, page-18

Thanks Salty good links. Liked this part particularly re shoreline Taranaki oil

Moturoa field, Taranaki
Seepages (places where oil seeps out of the ground) were the first sites that oil drillers targeted in New Zealand. Known seepages occur on the New Plymouth foreshore, Kôtuku on the West Coast, and Waitangi, north of Gisborne.(AND KATE VALLEY ANTICLINE) At New Plymouth, bubbles of gas were seen along the coast, and on calm days an oily sheen could be seen on the sea water. In early 1865, gunsmith Edward M. Smith collected samples of oil he found among boulders at Ngâmotu Beach, on the New Plymouth foreshore. He sent them to Britain for analysis. Following this, the Taranaki provincial government offered £400 for the discovery of a commercial find of petroleum.

In 1865, a well was dug at Moturoa, on the New Plymouth foreshore, and in 1866 it struck gas at 7 metres and oil at 20 metres. Other wells soon appeared, but only a few barrels of oil were recovered in the first years. In 1904, some Australians brought the first steel drilling rig to New Zealand, and two years later they struck oil and gas. By 1913, crude oil was being held in storage in New Plymouth. A refinery was built, but local production was spasmodic and could not sustain it. In the late 1920s, a second refinery was built by locals (it closed in 1975). During the 1950s, some pumps sold Peak Petrol (named after Mt Taranaki), and the local council used Taranaki diesel in its vehicles.