The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1867-03-29
OIL AND MINING co.


The territory Of thc company has been leased by
careful and competent agents, Who have spared no
pains or expense to secure the best tracts in the
Tieus localities. Several very remarkable oil
springs have been discovered, while gas Jets, sulphur
springs, salt licks and deposits Of asphaltum, or So
hdined petroleum, are Of frequent occurrence. Inc
shale, also, and much of the limestone with which
the coupanys lands abound, completely satu-
rated with oil, and when placed N the hre ignite
and burn ike the best camel coal In short all the
indications nostrehed uPoh by oil men IN Pennsyl-
wanna, w est Virginia and Kentucky, are found IN
abundance, while valuable deposits Of iron, coal,
lead clay etc, arc known to exist on the territory
OF the company.
4 special correspondent of the Pittsburg oil
Nses, writing for that Journal recently, from Teni
"The oil region Of Tennessee embraces about o
soy sqpare miles and the following counties or parts
of counties: Robertson, Montgomery, Dickson,
Hickman, Lewis, Lawrence, Wayne; the greater
Portions of Overton, Putnam, White, DeKalb, War
rem, Coffee, franklin, Perry HUMPHREYS, Stewart,
Macon, considerable portions of jackson, Cannon,
Lincoln, Giles, HARM, Williamson, Cheatham,
Sumner: and small portions of Smith, Van Buren,,
Grundy, Marry and Davidson.
THE indications of oil in this division are very
mach superior to those in any other portion of the
state In Overton and other counties adjoining the
BurEesviIe region, in Kentucky, a considerable
number of paying wells already in operation
In Lincoln, Giles, Lawrence, Lewis, Hickman, etc,
there has been no development vet, but parties who
have visited the different sections of the State Of
opinion that these counties rpased in their
richness oil territory. The limestone is often
impreGnated with oil that piece just broken Off
VIII burn brightly, and the sEale has the Odor of
Is also often found completely saturated with OIL.
In addition to these Indications, oil springs, tar
springs gas springs sulphur springs, ETC., etc.
OF frequent occurrence. In several places, the oil
was gathered in such quantities twenty thirty
years ago to be PIT mp in bottles and sold. Tar
springs, although not as numerous as oil springs,
are nevertheless occasionally found, there being
several very remarkable ones both in Tennessee and
Alabama. The explosions of petroleum gas in sew
eral counties IN Tennessee have frequently been so
powerful us to throw large rocks from their posi-
tons ana seriously alarm the people living in tho
NFgFTT n rlsrTr
around the slopes and in the valleys. As all the
Oil yet obtained in Kentucky and Tennessee has
had strong sulphur smell, these springs are con-
sdered among the best of all the indications of oil
Saltsprings very numerous also. and in several
localities very considerable deposits of asphatum.
or soHdihed petroleum, have been discovered.
"UpCn all the creeks that flow into tho Tennessee
river, from Chattanooga to Fort Henry, these indi-
cations exist n a greater or less der1ee. Upon Elk
and Ducl rivers, and their tributaries particularly,
they are uneNceled. OF rivers flowing into the
Cumberland. Obeys, Caney Fork and Harpeth have
all very encouraging Indications
Of North Alabama the same correspondent writes
follows:
'Tho geological formation of North Alabuma va
rics in essential particulars from that Of Middle
Tennessee. Upon all the creeks that flow into the
Tennessee, on either side, from where Il enters the
State IN jackson county, to where II passes OUT IN
Laudordale, the sandstone limestone and shale are
found in alternate groups In some places the sand
stone the beds Of the streams at times of low wa
ter in summer, can be found completely saturated
with oil fora distance OF several rods. The lime
stone, also, is considerably impregnated with it.
while much Of the shalo is the equal of the best
camel coal Units oil producing properties. Some of
the most remarkable beds of the latter be found
IN the country. are upon several Of the creeks emp
tying INTO the Tennessee ryer.
Mineral springs arc abunduntin North Alabama.
Several very fine oil springs have been discovered,
and upon ian &c number of streams OIL has been
found boating on the surface Of the water. Upon
one Of the tributaries Of Flint river in Madison
county, IL was Formerly gathered in considerable
quantities, and in digging mill race, several years
ago, the Workmen used to Gil their boots with the
oil which cXudcd from the rocks. THE company
hos d. O. 49,
sometimes found. One Of the most noticeable OF
these is on Cupp's creek which flows into the Bushy
Fork Of Sipsey, in Lawrence county. The water
runs out OF crevice ia the limestone, and the tar,
or bitumcn, gathers the surface.
VERY large posts Of usphaltum have in some
Instances been found. One is situated on the topof
hill three hundred feet high, in Lawrence county.
Before the orEs had been erected for its dis
tlatiOn. and large amount of oil shipped to New
York. Gas springs are quite frequently seen. and
suIphursPungs are as numerous US they arc in Mid
die Tennessee.
''The prospect for oil in North Alabama, how
ever, does not rest upon surface indications merely
In 1888, party of workmen sinking an artesian
well upon one of the tributaries Of the Tombigbec
river, struck OIL at depth of little six hun
dred feet, which flowed upwards Of seven weeks
covering the surface Of the river for distance OF
more than fifty miles. 1t has often. been the case
too in sinking ordinary wells, that oil has come in
to them in such quantity to render the waterun-
fit for use. An instance of this kind occurred on
the banks of the Muscle Shoals several years since
Upon Shoal, COwpens, Blue Water, Sugar, Bluff
and Second Greeks, in. Lauderdale county, Spring
Lawrence.
Flint and Cotaco in Morgan, Limestone and Tyrone
in Limestone, and Flint, Hurricane, etc, in Madi-
son, the Indications Of oil exceeded by those
Of any portion Of the great oil range within the
States Of Kentucky. Tennessee or Alabama. Ter
rtofy having equally good indications can 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 scarcely a locality above mentioned In
which the Company not the first, or among the
first, to lease oil lands and it has therefore proba-
bly, larger amount Of we'll selected territory than
any Company in the country.
Prof. Saford's Geological Survey.
4 geological survey Of these lands has Just been
madcby Prof. j NJ Stafford, late State Geologist Of
tennessee. who spent two months in their cxami-
nation. His report, which, together with q care
fully prepared map Of the territory, win soon be
completed and published for the information of
stockholders and others interested states that its
sylvania, Kentucky and OyertoD county. and that
there be doubt whatever Of the existence of
petroleum throughout the entire region of country
where it is located. Aside from Prof Safford's high
geOlogst, the fact that his views
with regard TO the geology Of this section, have
been adopted by all the most eminent mem ers Of
his profession in the country who have VISITED it,
entities his report TO the very highest considera-
ton.
Working Capital, Etc.
the Board Of Directors have placed 8 600 sharss
Of the stock in the market, be sold at SO 90 rer
share to raise working capital and in Gaze sub
scrlptious in any county sufficient 70 pay for
putting down one or more wells the amount 50 sub
scribed will be expended in that county. La tbis
way particular localities will have all the benefit or
- vrFFF nrIF d. he IL