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Wednesday, 10 April 1957

Mr CLYDE CAMERON (HINDMARSH, SOUTH AUSTRALIA) n asked the Minister representing the Minister for National Development, upon notice -

1.   Has the Commonwealth Government's oilboring equipment been sold to private enterprise?

2.   If so, to whom, and for what amount, was it sold?

Mr Beale - The Minister for National Development has furnished the following reply:-

The deep well oil-drilling plant, previously owned by the Bureau of Mineral Resources of my department, was sold in March, 1954, to West Australian Petroleum Proprietary Limited for an amount of £375,000.

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