"ملف 10/1 (مجلد V) الزيوت والمعادن. الامتياز النفطي بالبحرين." [و‎‎٢‎٨] (٥٩٢/٦٧)

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File Nq :1 Q /1> Y *
Note *
2Qtii October 1933 *
During the Agency At Home Mr.SKIMER asJced tor a
lew minutes of my time.
2. He informed me he had received a long cable from
Mr.BALLANTYNE (London) that morning.
3. He went on to say that the BAHRAIN PETROLEUM
COMPANY were most anxious to have more time for prospecting.
He (Mr.SKINNER) felt that they were entitled to another
year under the Prospecting License.
4. In London there had been a Technical Conference
which had,however,wandered from technical matters to the
SHAIKH f s lack of money.
b. His London Principals had asked him to try to
find out what offer would induce the SHAIKH to grant an
extension of the Prospecting License. They wanted 13
months from iind December 1933,i.e.,to end of December
1934.
6. They thought of offering:-
(i) Rs.^5,000 as a cash present to the
SHAIKH (non-recoveraole),
(ii) Rs.7b,000 cash advance against
future Royalties.
V. The rent at Rs.10,000 per arirniin would continue
during the 13 months,if extended.
b. Mr .SKINNER went on to say that the Company were
doing more than the stipulated amount of work for they would
have three instead oi two ^strings" working until oil
"declared" (see Article X of the Mining Lease).
9. He said that the Oil Field would not be a commercial
proposition until at least 1,000 Tons were extracted daily.
1,000 Tons § Rs.3/d per ton would give Rs.3,b00/- daily and