The New York herald., 1865-03-02

WHILE NJ. lV,4 aa
THs
CALIFORNIA
PEraoLEUn COMPANY. m
THE FOLLOWING EVIDENCE 10 suBHIIf,D 10
public win regard y The vass sf The property q the
sALIPoRNIA PRrRoLEUN COMPANY, which covers an
arsa Of ooo ssrss ioeaasd the Rancho Of Oja nsr
s~saavsasra in Barbara county California which
sr. .. prsssss a lsas twenty NATURAL OIL WELLS Of
.,s Ars... si.s rHs REPORT or PRovEssoR SILL
NAN SHOWS THAT THIS rs THE HOST VALUABLE
| OIL PROPERTY EVER PUT ON THIS MARKET u
not IN riEs WORLD.
La sAs sannss Of issA Professor snAn sssnsssa sas
locality, and in letter. dated q. Baenavents. Santa Bar
sara county July 1884, oomnsaieasss ,he results
- his observations upoa The properly owned y the
cAISosWA Pxosruz OozrAsr <fss simpss) the puscAass
81 which hs srensy recommended % hb friends in New
York -
"Ihe property covers Of 1900 sshsssn tAoasAnd)
ss In beds which arc Il present Il sa twenty
Aau.l oil wells Of them Of The ssss. si.s Ar.esaa
els win b fruitful aeas double line Of thirteen miles,
for a least twenty-five miles in linear s.snt The
vasche ea Spanish grant Of four leagues Of an lately
CONFIRMED. and or perfect ute Il Kaa - said aSeu.
eighteen thousand assss Of Ss finest land wa.srsd BY
'our rivers and measuring. nsh. rne an near mir
Len miles. Al rancho, ia splendid sstats BUT iTs
VALUE Is ITs ALMOST FABULOUS WEALTH IN THE
REST OF on"
The following sxtrsea from the report Of Professor s
sman. herewith appended, fully cSnnrus As hrs in-
sre's0us and presents 9ars complete details ef the
xsnderu resources Of this property According 70 his
advice and that Of other competent judges in California
arrangements made purchase the estate BY
parties In New York, in OCTOBER 1854 But before sf-
cns his deemed erpedientto obtain from Professor
man decAss statement was in his opinion,
fully equal othas Of Oil Creek Psnsyvania and from able
coursc in San Francisco professional opinion 70 the
validity Of the title Instructions accordingly
the purchase provided the was BY Pro
fessor sman equal Pennsylvania oil and the
title perfect Professor sman tsssraphed confirming Ais
iaer quoted and the title being pronouncss BY oouu
ii undoubted the property purchased and paid for
To1ndicase magnitude the Petroleum inersss Of
this couny may be stated product Of its oil wells
has value the year. 70 more than
While that Of the California mnes the year 1863 accord
ing the Ban pnncsco Mercantile Gazette, amounted 70
about s44.peoW.
tsxtraot from subsequent report Of Prof B. smAn Pro-
sssor Of General Applied Chemistry IN Ya. College,
- The California Petroleum company.]
ea San FRAHnsco. Cal, Sept ], 1854
sHE PETROLEUM WELLS, OR NATURAL oUrcRoPs
OF ROCK OIL ON THE oJAl RANcHE
No usrs fan description Of shis and other lowing wells
tho property Prof snlman's published rspor.o Is
well thirty fsss damssr .Ary OIL boiling with the
escape Of marsh s.a n stuassd In the midst Of gentle
.ops forming par plain elevated as one
thousand sss above This plain about one
and quarss miles long by Of mile wids Ap-
ssa 70 have been BY the long accumulation Of
DA.am f shs evaporation of The overflow Of his great
~ spring rhs depth Of s great mass Of ssphaum H. Of
coarse matter Of conjecture explorations have been
uponis; busNis probably safe 70 estimate s
is square q one yard depth. which would give over
ss.dy pr.ssA which capable sy disdllsson
yssdins Arss OF OIL Over this there arc ssvera
raaor points asry outflow consider the whos e
great spring The present contents Of the spring
soul with decomposition Of numsoai cattle mired and
crowned N The petroleum. accident Of frequent oesus
,sncs in ~ ssasoas vhsn che hsfamishsd and thirsty
animals wander 70 srvw.s or drink sulphurous wa,sr
,:s: q and ~As.
ESTIMATE q 1E ~ 5sa 2s agHsE qsfsR NILE OF
!: :ss s:ss e =: :ft ssas H:.ss e e: ::s
q s Sc as o.s cn.
.ss.:s :sSss he sSisins.: g: ' mot
thee @ M o contemplate 70 seor
%pis when sppsd % sasS issse uns %
:ss 'sHssS :ss: " '''s ',' one '''d
We may calculate .h.. depo.. WIN yield ssooo ions.
1 ssS y sAsns asS U ss wcaS 6 5.
.s % sRd az u nc 0s SS % X. %
s1 g ss vi nss &c Ss
ssrIhArR OF THE QUANTITY AND VALUE OF OIL
GIVEN OUT FROM CERTAIN NUMBER
OF ARrEsIAN soRIsas.
The product Of aresian we'll bored olddsrrt ~
- course siways matter Of uncertanty but u h well
that In Pcnnsyvana and Ohio
porc) barrels Of oil daily
Let that you arc successful in obtaining ten
wells !the company have their property At least twenty
atura flowing wells OF the largest sixc) lowing
red barrel q forty gallons each, day then find
gallons crude oil. f 80 n + 80 77ET-7
rude oil - - osns present New prce).. $1,000
Day yield or monthly, thirty days. .......... slOo0
Ane TOE '.ea'e as'"sAs: ssyU
s easy from these ngurss, what dividends may be
spectcd when the property developed s fullest
8uncc II V that having made the FIRST researches
product Of on Creek long before any wells were bored
elopmenta BnenAyentura fsr betses than In the
fsnnsyvsnia and ohsc REGIONS, since g f.meqs sg
rosoasr u General and Applied Chemistry fjs CaDses