British Australian Oil Company
The British Australian Oil Company Limited was a British-owned company—incorporated in 1910—that mined oil shale and produced shale oil and refined oil products, in New South Wales, Australia, during the years from 1911 to 1915. Origins The precursor of the company was the Australian Shale Syndicate Limited, which had been registered in 1895 and had purchased the remaining period of some 20-year oil shale leases, for £25,000. Until 1904, it had leased its oil shale properties, at Airly, New South Wales, Airly, to Australian Kerosene Oil and Mineral Company, Australian Kerosene Oil & Mineral Company, for a royalty payment of seven shillings per ton of the shale mined. In 1905, it took over oil shale leases at Mount Temi near Murrurundi and from around 1906 it was verifying and planning to exploit that resource. The presence there of oil shale had been known, since at latest around 1872. The seams of shale at Mount Temi were between four and six feet in total thickness, con ...
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