The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-07-08
TEN UsAND SHARES
Reserved for Sehent or the Company.

The land purchased by the Vance Stewart Rock OH
Company containB hundred and thirty acres, in
the very vore Of the oil REGION one thousand three hun
township, extending cosldgrable distance upon both
sides Of the Lower Two Mile Kun commonly called Van
Buren, Run couple OF miles below Franklin, Venango
county Pennsylvania TIE Allegheny River Territory Is
yielding abundant aud permanent harvest Of excel
lent quay Of OH the numerous wells boz dcringits banks
producing on with even stl greater regularity than the
1t believed the ow OF OIL below the borough ofFrank
lin on the Allegheny river, win probably never become
tion Of rock dips ia southwestwardy direction; elnse-
upper end say OF Oh Creek, and wells would require
bored deeper in proportion lower do %n the river where,
however there would necessarily be the most permanent
and mucn greater supply and superintendent body or
spe Ot OH II certain that scores OF wells on the river
in the media'e vicinity this land have continued pro
ducinE during the past three four years unwayerng
and steady daily Yield OF OIL
Lower Two Mile Run and on Creek on the same
dlamericsly straight line, and only distant on con-
mutation OT the identical between the
OF hHs from each other about three mites apart in
traoTdinary If by boring wells on ths ract snfcient
depth OF perhaps eight hundred and fifty feet that the
their supplies Of hundreds barrels Of oil daily aud
enormous prohls would thus be the fortunate result to
on this particular tract of land there has been let
Ie pT M tTsny years f. SE %e % 20 far Poon
insufficient TO insure large flow Finy per OF the
OIL at ths wei mouth was reserved royalty t1e
former owner Of the land, and viii at inure the
benefit u the Company There also two other wells
bored few hundred feet deep each butno yet tubed
dicaing show Of OH barrela Jay generally
be scooped out OF them and doubt exist
they VIII both prove highly iemunerating wells when bored
reasonable depth. Another well is half bored, and
promises a satisfactory yeld
Samples OfO procured from these wells be seen at
the oilee OF the Company, No. 2l3 WALNUT street
The fec OF this valuable oil land, comprising one hun
dred and thirty acres, including the royalty hy
per cent of oil for the leased well nor puHiR1 and the
entire right OF the three wells partially developed, is
purchased by the Company direct from owner for the
moderate price Of $l37 $50, with Gst NH in line
a snug house, sc also patches OF timber.
The sale Of stock VIII pay cash the land in fun aud
leave the sum Of s24j0 cash working capital hand
with which 20 complete the three Old wells aud also
bore two wells, with nyo steam engines, &c.
TO be In running order within few months; arrange
ments viii he made accomplish these objects without
delay. No subscriptions will be accepted for less than
nifty shares.
The vast fortunes reaped by Rock Oh Companies estab-
sbtd here ana elsewhere notorious the on trade Is
YET In It's infancy, and the demand constantly
Its prlce now 81 per barrel the wells oath, eNcl-
sNe Of the cask.
Large wei win doubtless be struck at the depth OF sO
feet 50 as 20 reach the third Sandstone Rock Wells have
been bored heretofore to The depth only Of about BOO
In tis vicinity It's proposed to bore twenty wells on
his property during the present year There IL OT
one huudled wells. perfect tile clear all ncum-
brances, Is confidently assured 10 the Company,