The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1865-03-13
Property OF THE COMPANY.

The following is description of the Company and
the operations now koing on upon it.
No. consists of eighty four acres in fee, Saet
Oh Geek, about 10 miles from rtusvilie. On this
we aaVe two wells going down. new engines, ma
chinery, &C. One well is now down about three
hundred feet; ana Already large quantities OF OIL
have come To The surface, flowing read ly over the
top of the well. Tniss the surface second san j.
rock oil which indicates large deposits beneath.
Great results are expo cted om thus well which will
probably be combleted in the course Of thirty days
Forty acres of this tract are OF the best boring ter
ritory.c
MO-. Ten acres iR fee All boring territory,
nearly opposite No l. being part of the same
tract bus ing ths Forth side Of the creek and
Eaost elig bic tracts for oil purposes on the whole
creek: well TO be sunk on this place Immediately.
No 3. One acre IN fee on oil creek, one half mile
below ritu viile surrounded by paying wells; this
is all the best boring land. Two wells going down
winch, from p esent indicat ons, proni to be at
least GWentybarrel wells although much better re-
suls are expected from at least one of them, al
most every well in this vicinity has been good
No Z. fefpetuai tease OF TWO ~ acres tan lOring
te,rfory,l giving onshali royalty, on the ceebra-
ted Georse hicket's farm on Cherry Run, lying al
the mouth of oil Run, small stream emptyiDg in
to Cherry Run, ana deriving its name ftom the
large quantities ofoil constantly floating its
face. NO bstter oil land can be Ioun1 dying from
surace indications ana the tact that all wells in this
vicinity are large pumping or flowing wells. 1t Is
sa to bea fact. lhat out of the several hundred
weile on Oh rry Run there has not as yet. been one
failure to obtain oil after reaching the oil depth.
The Company have re son to expect large returns
from this small tract, and have already two wells
going QOWn VIII all dispatch pO6sIDle.
No. 5. Perpetual lease OF ten (l6 acres (one-half
reyaity,e ali boring territory, on the Turner and
Anderson iarn Cherry Bnn, opposite and adj lining
TIE agmools property Inc Wells gong
i noted o-sprin constantly giving out gas and
short d. taDce above the "GTeat heed,' WADE"
and Granger" wells, and many other flowing and
pumping wes abovs and below,
No 8. Fnty acres sJse on west branch Pit-Hole
Greek adjoining the United States Companies prop.
erty, and only one-hsR mile fgomT their great flow.
fPo nf "a orIxr =
tory, being inter. eced by several small runs empty
ing INTO Pit Hoe each sffor4ing ample room for
ff wells
This tract is the most valuable OF any tie Compa-
ny own. 1t Vas purchased some time since; and
tn3 recent developments of property il its mmedi-
ate vicinity has advanced its value more than
three iold above i cost TO the C ;mpanv. Two
wells going down this. with much cert ainty of
success as there can possibly be any land in tie
THIS 'raot lies directly between the "Gres. Noble
and Empire" wells on OIL Creek, and the great
United States' well on Pit Doe. in belt that
tonds 10 the Allegheny River and in which the
quality of the oil found is of striking similarity,
psing the light oil tina indicates the lar gest wells.
No. 7. Perpetual lease OF fifteen Isl acres (giv-
ing one-fourth royalty, on middle branch Pit Hole
and lly one-fcurth mile from United States Com.
pays well; all fiat and; two wells 60 ng down
with the best of show. To paricularize the extra
qualities OF this tract would emily be repeating What
is said regarding tract No. 6, although its market
value Is much greater from the fact of its lynn
fourth mile nearer the great well.
NO. g. Five acres (5) IN fee, all fiat, on main
~ bOie IOuS DolOW the great Weii anu
adjoining ten acres belonging to j. W. Sherman of
the great Sherman Wei" on Oil Greek. Two wells
going down on this with all possible dispatch; and
at their present DEPTH show indications flarge de-
posits. le 4s59
No 8. Perpetual lease of five (5 acres one fourth
royalty, aoioinir tract No b. all boring territory,
and of equa'value with the above The small royalty
given ms kes this lease valuable fee-sim-
pie; Two wells going down on this with same indi-
Wi b these ADVANTAGE superior in the Judgment
of menexperiencediu the oil business, to those of
snv other company, the Directors feel assured that
they are Offering of the best opportunities for in
vestment ever presented to the public. 5.
For further information, Maps and Prespectuses,
applyto
J. H. cLAPP CO, Bankers. 81 State Street, Bos-
ton.
Afford DYER, Esq, No ll5 Middle St. Portland,
Maine. ,tI,- rlfreT r..
L. ROBERTS, OF L. Roberts 6 Co, South. Street.
New York. W
J. N BURLEIGH, Treasurer, 2l4 State Street,
ln WHERE
Subscription Books are Now Open.