The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1867-05-24

Indications Of oil.

The torritoryof the company has been leased by
careful and competent agents, who have spared no
pains expense to secure the best tracts in the va
rious localities. Several very nemarkabie OF
sprSuoshavo been discovered while gas lets, sulphur
springs, salt licks and deposits Of asphatum, so
hdlne4 petroleum. &s OF fFequent occurrence. Inc
shEle, also, and much of the limestone with which,
thecompanys lands abound, are completely satu-
rated with OFT, and when placed in the fire ignite
ami burn Ike the best camel eeal. In short, al tbs
indications mostrehed upon by oil men in Pennsyl-
wanna, West Virginia and Kentucky are found in
abundance while valuable deposits of iron coal,
lead, clay, etc, are known to exist the territory
OF the company.
Ae'eS writing for chat journal recently, from Ten
Rcsseo, says:
'-,Tho oil region Of Tennessee embraces about o.
300square miles and the following counties or parts
of counties: Robertson, Montgomery, Dickson,
Hickman, Lewis Lawrence, Wayne; the greater
portions OF Oyertonl Putnam, White, Dekalb, War
rem, Coffee, Franklin, Perry, HUMPHREYS, Stewart,
Macon, considerable portions of Jackson Cannon,
Lincoln, Giles, Har in, Williamson, Cheatham,i
Sumner; and small portions Of Smith, Van Buren,,
GTunndy, Marry and Davidson fs.s &.
much superior to shOse in any other portion of the
State. in Overton and other counties adjoining the
Burkesyille region, in Kentucky, considerable
number of paying wells are already in operation-
Ia Lincoln, Giles, Lawreneey Lewis, Hickman, etc..
there has been nodevelOpment yet but parties who
nave visited the dlerent sections Of the State of
OPINION Vhat Ihese counties are unsurpassed in their
richness as oil territory. The limestone is often so
imPTegnated with oil that piece Just broken Oft
viii burn brightly, and the shaie has the Odor of
petroleum and will ignite like coal. The sandstone
is also often found completely saturated with oil
In addition to these Indications, oil springs, ter
springs gas springs phur springs, etc, etc. arc
of frequent occurrence. In several places the oil
was gathered in such quantities twenty or thirty
years ago as to be PIT up IN bottles and sold Tar
springs, although not numerous rs oil springs,
are nevertheless occasionally found, there being
several very remarkable ones bothin Tennessee and
AiapaIna. The explosions OF petroleum gas in sew
eral counties Tennessee have frequently been
powerful as to throw large rocks from their posi-
tiohs ana seriously alarm the people living in the
4 vicinity. Sulphur springs are found everywhere.
/ around the slopes and IN the valleys. AS all the
OIL yet obtained IN Kentucky and Tennessee has
had strong sulphur smell, these springs con-
siderea among the best of all the indications of oil,
Saltsprings are very numerous also ard In several
localities very considerable deposits of asphaltuRpv
| or solidifed petroleum, have been discovered
"UpOn all the creeks that flow into the Tennessee
river, from Chattanooga to Fort Henry, these indi-
cations exist in greater or less degiee. Upon Elk
and Duck rivers, and their tributaries particularly,
| they are unexcelled. Of rivers flowing into tho
! Cumberland Obeys, Caney Fork and HarPeth have
+. all very encouraging ihlieations.'
OF NORTH, Alabama the saIneeorresPondent writes
''Tho geological formation Of North Alabuma va.
ries in no essential pqrdeulars from that of Middle
Tennessee. Upon all the creeks that flow into the
Tennessee, on either side from whore Il enters the
State in jackson county, to where il passes out in
i Lauderdae. the sandstone, limestone and shale are
found in alternate groups. In some places the sand
stone the beds Of the streams times of low wa
ter in summer can be found completelv saturated
with oil for distance OF several rods The lime
store, also, is considerably impTegnated with it
while much Of the shae is the equal of the best
the most remarkable beds of the latter, to be found
in the country, are upon several of the creeks emp
| tying into the Tennessee river. g .-..-
Several very fine oil springs have been discovered
! and upon Large number Of streams OIL has been
found floating on the surface Of the water. Upon
one OF the tributaries Of Flint river in Madison
county, it was formerly gathered IN considerable
quantities, and in digging mllTRce, several years
ago, the wor5men used to Gil their boots with the
has n lease of tIlfss land Far sprin0s also arc
| mo o he. n
these is on CapP's creek which flows into the Bushy
Fork o. Sipsey, lin Lawrence county The water
rms cut Of a creviee in the imestone and the tar,
or bitumen, gathers on the surface.
sVery large posts of asphaltum have in some
liii tfree Hundred feet high, in Lawrence county
Before thCWaT, works had been erected for its dis
9Ilauonl ana a large amount OF on shiPPed TO New
York! Gas ~prngs are quite frequently seen, and
sulphursprines are as numerous Us they are in Mid
die Tennessee.
stTbeprospect for. oil ia North Alabama hSzy-
ever, does not rest upon surface indications merely
In 1885, perty of Workmen sinking artesian
well upon one of the tributaries of the Tombigbec
River, struck oifat depth Of little over Six hun
bred feet, which flowed upwards Of seven weeks,
| covering the surface Of the river for a distance
more than fifty mics. II has often been the case,
too, in sinking ordinary wells, that oil has come in
to them in such quantity as TO render the water
1T for use.= Aninstance Of this kind occurred OE
the banks of the Muscle Shoals several years
Upon Shoal, Oowpens, Blue Water, Sugar, Bluff
and second Greeks, in Lauderdae county, Spring
Finn and Cotaeo in Morgan Limestone and tyrone
in Limestone, and Flint, Hurricane, ETC., in Madi-
SON. the Indications of oil not exceeded by those
Of any portion Of the great oil range within the
States Of Kentucky, Tennessee or Alabama. Ter
ritofy having equally good indications doubt
less be found elsewhere in the latter State, but its
distance from transport alton must for the present,
considerably lessen its value"
- There is scareely locality above mentioned in
which the Company vas not the hrst, or among the
first, to lease oiiands and it has, therefore proba
bly, larger amount Of well selected territory than
any Company in the country.
Prof. SafOTd's Geological Survey.
A geological survey Of these lands has just been
made by Prof NJ. Stafford, late State GeOlogist Of
Tennessee, who spent two months in their cXami-
nation. His report which, together with
fully prepared map of the territory, will be
| completed and published for the information Of
stockholders and others Interested states that It's
i | geological formation is the same that OF Penn
/ syIvania Kentucky and OvcTton county, and that
there can be doubt whatever Of the existence OF
petroleum throughout the entire region of country
where it is located Aside from Prof Saffords high
reputation as geologist, the fact that his views
1 with regard to the geology Of this section, have
been adopted by all the most eminent members Of
his professionsin the country who have visited it,
entities hsFBort to the very highest considera-
ten.
. Working Capital, Etc.
The Board of Directors have placed 5000 shares
Of the stock In the markets to be sold at so % per
share, to raise working capita and in Gaze sub
putting down,one or more wells the amountso PUB
scTibed win be expended in that county. In this
b sway particular localities will have all the benefit %
the Development and of the expenditure of the
Directors believe, which the inhabitants of every
county where the Company have lands, who de-
sire 70 know Their value for mining purposes,
should be sure to avail Themselves of
H.