The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1865-10-03
The Burning Spring, French Creel

The Burning Spring, French Creek
and, NCwelI's Run Oil and Mining
Company, Incorporated under the
Laws Of the Stale Of West Virgin.
In, Sth of Sept, ls65.-Auihoriscd
Capital, S5OO,OOO-C Capital, S15J,.
600 II n--. ...., C"P..a,,
S25,OOO-Shares $1,000 each, par
g value ha
The following is description of the
lands, leases and machinery of the above
namen Company, viz:
No. |. Burning Spring property, con
sists of five alternate ( acre lots, situat-
ed on the celebrated Petite Farm, on
which is the White Well, producing AGO
barrels per day. Also on same farm the
Shaw Well, which has been recently
struck, producing 300 barrels irr day;
for the former the fabulous price of $780,
900 has been offered.
The above five lots have been leascd
for 90 years without royalty.
No. g. Lies on Walkers Creek, West
Va, and consists of 81 acres il fee, burd.
ering on the Northwestern r. H., between
Walkers and Petroleum Stations. The
new we'll of Col. Rathbono, now yield
ing 100 barrels day ofsuperior lubricat
ing oil, which is now selling at 80 cents
per gallon, is but a short distance from
this land. This tract is all bearing sur
face and is also underlaid with large
vein of coal, making it doubly valuable.
No. 2. Consists of a twenty years lease
of acres on Horse Neck Run, Peasants
Co, West Va, known as the Howard
lease, and is near the large producing
wells on the above named Run. A well
is now being drilled on the property and
is between four and five hundred feet
deep, with good indications for oil, as
the gas threw the mud, water and some
oil, at one time, half way up the derrick.
The company have 1916 of the oil
from this property, and also including a
II horse power engine and boiler, aud
full set of tools, complete, for continuing
the work.
No. 4. Consists of lease (having l5
years to run,) of 100 acres on French
Creek, West Va. This lease is but Z of
mile from the Ohio River, and has front
of nearly a mile on French Creek and
Henry Camp Run, (mostly al hoarine
surface.) There is on it an oil Spring.
at which oil can he gathered aIany time.
One well Is down 255 feet, with oil stand
on the top of the conductor, (aHd has not
yet been pumped, )of superior lubricat-
ing quality, which would sell for one
dollar per gallon. Another we'll is down
to 543 feet, on the same property, and has
just been tubed and commenced being
pumped, with yield of salt water and
OIL giving every evidence of good pay
ing well, This lease also includes a I5-
horse power engine, with two boilers.
tanks, &c. Between this tract and the
Ohio River the Goodwin Oil Company
have well producing 10 barrels per day.
Also, the Col Parker farm. one Quart er
of mile to the west of this tract. has
well pumping IS barrels per day, which
is owned by W. J. Bell, H. Wilson and
others, of Philadelphia.
No. ., Consists Of lease of six acres.
(all boaring surface) on the opposite side
of the Greek from the above described
with well on it which pro-
duces from to 5 barrels per day of q lu-
quality which has been usually
selling at IS cents per gallon. This lease
includes 2O-horse pc yer engine. casing,
tubing, pumps, tanks, boring tools, (an
also new Derrick on same
and we'll commenced drilling.
No 6. Consists of 80 acres in fee on
Fish Creek, West Va, 4 of o mile from
ONO River. Oil has been struck on Ne
gro nun near this Creek, 4 miles from !
cms tract, and parties are now boring |
tor OIL on the Creek II miles from this |
No-7 Consists Of - acres fee on New
sl Run, In Washington County. Ohio a
IF 2 mile from the Ohio River and On.
posite French Creek No. "A lease !. on
;his land, having ten years to run from I
January, 1865, and is held by thu lNortb
american Oil Co, who are Ia my 1.SSfj
he oiliroyslty. This land d nearly ali