The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-12-03
DRosI ECTUs
Capital srOCK, 81. 900, OOO.
No. 4ao WALNUT STREET,

-bc property cr thS Company alta y,n,ngo county,
aud is believed g b as good oil territory auy In the
county .--
No 1. One ouru, royalty n,crcs, IN three scre on,
huujttd aud ave ptrChes OF land being the McUntock
IcscNc situated ~ tle junction " OH Creek With Cherry
,porsblc men. There is dowiug well struck about the
2Ct. ot October and now yielding lO barrels per day,
with good plospcCt of large increase Tnorc Is also
ruupn well yielding over 80 barrels. increasing daily,
lrdt confidently expected will become large howng
well Three other well, alo nearly completed one X teet
deep u thc trd sand rock one 80 feet dcop; 52t
she gilo which on Tie stouud and another just com
megccd IA all otwni,h oil has already been found, and
mbkus iA N.s completed and in active process OF COM
pctou ON this territory hcrc for twelve or six
ecn wells and from q character tic lessecs w be-
MOP one hall acre Of ground lu the centre ofthc above
reserved originally by tie owner as hii rec deuce
AID on which ii star ds ths Is Zee simple but subject
nole-'ouft OF uc ol produced from It, The bost Judge,
w,a'wgo ls Aall acre 20 be- as good oil territory
T} ~ ng ,', !. auH NCr M , Jne SNpeel 70 dyc-
No' one tttd working interest in three and onc-Lalr
" dow MeyIn,o.ks farm, and as fa,orably iocatcd as
hgs.l and p on th, property there Is aucw wCu, pro-
This p5iSfS s Susceptible OF srSstcr iSpmsSt 1p
promises 90 be largely productive.
No. e Two hundred acres OF lard u 'ce simple
and surrounded with wc, abe ,dy dcyclo ped aud success
u Alar9o portion OF this farm believed TO be good oil
80. s, A valuable Iaot on stuarts Run. containing
alout thirty acres. This is regarded OF the most
g,sus.ie sors outside OF Oh creek ana Cherry Eun
several ncompanie, have commcrcedopcraonsw with hgay
NJ. g. a valuable tract on and near Tubs Run, which
emres into The Aegheny RIVER the east side, about
though tis property and there is considerable Of good
timber emit Noreaonw why should not prove 20 be good
No. T. A valuable tract on Toncsta creek, Just above
aoc Minis, he lc haud side OF the creek contain
gg Ho,W my Ggrt' Win as many rods on the creek.
lhNlehu"na iof very iaYoiaDC'
ne ea't doscnIed containing about atty acres, and about
No o. traci Of territory and ad onirg run which
en- ptos into Homlock crok about 1--WE miles from rrosi-
/ IN fhf af 1.N Dor
Company U contains about two hundred acres. part well
NO. & ,Io PaGiSG D[49S,S @ 70 Dc goII ier,orj ITO
| one mite rom he .ulesheny river and nearly opposite
much favor This property contains about twenty ave
acres arwe umbcrtJ, and there are good reasons for
| believing they viii prove good oil territory.
imnotia.cg ON gouG into orc-ltion this company will
be In the receipt Of say barrels OF oil per day, which,
al $40 Ot s ow selling at SID will he daily income OF
sNlI, or SlNllO Ter urnum, enabling the company 10
on lhe rom the Drshhln5i win good pros
i beli.y that no oil company has been formed with
more certain pToslees o. susee.s' only limited por-
dcrty believe that in very short time the stock viii be
| worth much mere than par.
! A, ue company relies mainly ON the nrst described
property Tor their present income, the following report
made by committee # Gentlemen appointed to make tnc
| The undersigned committee appointed to examine the
property Of the MoChntoch Reserve Oh Company respce
That hoy have Thoroughly examined the John McCIn-
e @ S6 The G 'o on S SiSff 6 R4
Admirably adapted 70 boring There arc six wels finished
forty barrels daily had suddenly increased to onehupdred
iory barrels, and lowing at about this rate ON
our Niy Another WELL represented as Weld seventy
0vC latTCls, pumping at the rate Of eighty TO
barrels, and the Intelligent superintendent and lessee was
sauguiue In the expectation that in short time would
become flowing wei, and give much larger yield
These two wells but few weeks old ana have every
| indie alton DfbCcoming very large ellis.
Three other Wclla process Of boring and will he
finished before the first January and from the
indications we believe they will all be largely productive
One other vel was lust cor2menced and will be pushed
| rapidly TO completion.
The whec of the prupcr except the half acre on VIII oh
the humete stands has been leased Ahd Ia In hands
Inexperienced ana energetic meu whCwt spare pains
expense to develop the properyn the best manner and
| In the shortest possible time
The deITcks, HOUSES, engines, Oos etc are all new
and the best Cf their kiud and In excellent ORDER giving
evidence OF the cars. SUPERVISION of the owners OF the
| leases.
| No have no doubt that the Company iutorcst-ono-
fourth roy atynOW about nifty five barrels per day which
81 81 Is $50, viii be greatly increased by the first OF
January next and the land viii admit OF twenty wells
being bored upon H. good idea may be formed OF the
immense Yield which " III result when all finished.
| The homestead occupies Aalt acre-rom which the
Company Wurtcuye ttTre Ourths Of the Oh u they work
Il, and which your committee strongly recommends IL
would not bu surprising II this interest alone should before
the expiration OF ear realize an income OF several hun
| aTed barrels per say.
The entire property consists a little over four acres
with superior DIV Cl,ing and good barn upon It, From
It's proximity 10 Cherry Run, and It's pcoulnr location,
tugCyr with the tact that le Operl nad not been found
TO be affected by other wells ~ the immediate nsghbor
hood ae led 20 the conviction that {, one Of the most
| uesrGbc PROPERTIES on Oil Creek,
lgugs res cipegtuhy, -
| J d REINGO I'll, No i36 walnut street.
| JAMES MCMILLAN. No. Cos SAMSON stTeet.
| Il W. Ii. RICHARDSON, No. 500 Market street