The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1867-05-03
OIL AND MINING co
Indications of Dill

The territory Of the company mas u9SI -S-ssI -
careful and competent agents, who have sFaIe1 -
pains OF expense TO seeure the best tracts ~ ~
rous localities. Several very EetlsL eesLf
springs have been discovered, while gas lets IL
springs salt licks and deposits Of asphaltuIl5 ~
lidihed petroleum, are of freGuent 8ceUfre
shae- also, and much of the limestone with ~
the company lands abound, are com - s
rated with OIL and when placed in the ITe lss 49,
and burn ike the best camel coal In snoIS, &c -
indications nostrelied upon by, oil men IN Fet5s
wanna, West Virginia end Kentucky, are Iouho IA
abundance, while valuable deposits OF iron, Goa
lead, clay, etc, are known to exist on the IeiIl'y
OF tho company. a,
A special correspondents Of the PittsbUrg 90
Ao'Cs, writing for Shat journal recently, IRON Ter
''The oil region Of Tennessee embraces about 81
SOC square miles, anu thefolloNng eount parts
Of counties; Robertson. Montgomery, U3cksoh,
Hiekman, Lewis, Lawrence, Wsynei the gTSSpef
portions of Oyerton, Putnam, White, Dekalo, "
rem, Coffee Franklin, Perry, Hum phries, stewart
Macon, considerable portions of Jackson, Cannon
Lincoln, Giles, Har-in, Williamson, Cheathafl5
sumner; and small portions of Smith, Van BuEe1s
''The indications Of oil in this division arevery
much superior to those in any other PoTton Of he
BurkesviHe region, in Kentucky, & considerable
number Of paying wells are already IN operanon--
In Lincoln, Giles, Lawrence Lewis, Hickman, etc.
there has been development vet but parties who
have visited the different sections Of the State are
opinion that these counties unsurpassed in their
ilchleSs as on territory The limestone Is otef Sc
impTegnated with oil that piece inst broken Of
viii burn brightly, and the shale has the odof Of
petroleum and viii ignite likecoal. The SANDSTONE
IS also often found completely saturated with oil
In addition to these indications, oil springs, tar
springs gas springs sulphur springs etc, ete arg
Of frequent occurrence. In several places, the oil
was gathered ia SUCH quantities twenty or thirty
years ago be PIT up in bottles and sold. Tar
springs, although not as numerous as oil springs,
are nevertheless occasionally found, there being
several very remarkable ones bothin Tennessee and
/ Alabama. The explosions of petroleum gas in sew
oral counties Tennessee have frequently been so
powerful - to throw large rocks from their posi-
uons aud seriously alarm the people living in the
! vicinity. sulphur springs found everywhere
around the slopes and IN the valleys, As al the
had strohg sulphur smell, these springs are COM
sidered among the best of all the indications Of oil.
Salt springs are very numerous also and in several
ioea ties very considerable deposits of asPhaltuIn
! or solidifed petroleum, have been discovered.
"Upon all the creeks thatfoW into tho Tennesseo
lVer, 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 uneXeelled Ut rivers flowing into the
/ Cumberland, Obeys, Caney Fork and Harpeth have
all very encouraging indications" z.f -e.F
/ OF North Alabama the samecorrespondent writes
,''The geological formation Of North Alabuma vas
Ties in essential particulars from that of Middle
4 Tennessee. Upon all the creeks that flow into the
Tennessee, either side, from where It the
State in jackson county, to where it passes out,
LaHdeTdae, the sandstone, limestone and shale are
i found IN alternate groups In some places the sand
stone IN the beds of the streams at times of low
ter in summer, be found completely saturated
with OIL for distance Of several rods. The lime
3 stone, also, Is considerably impregnated with il
while much OF the shale is the equalloftbe best
camel coal mas OIL producing properties. somelot
the most remarkable beds Of the latter 10 be found
in the country areupon several Of the creeks emp
tying into the tennessee river.
''mneral SPRING are abundant in North Alabama.
Several very fine oil springs have been discovered,
and upon large number Of streams oil has been
found floating the surface Of the water. Upon
one of the tributaries of Flint river in Madison
county, it was formerly gathered in considerably.
quantities and in digging mill race several yeara
ago, the workmen used to Gil their boots with the
oil which exuded from the rocks. The company
sometimes found. One OF the most noticeable Of
these is on Capps creek, Inch flows int the Busty
/ Fork Of SipseY, in Lawrence county. The water
out of ersvice in the limestone, and the tar,
or bitumens gathers GA The surface. ~
." cry large d positsot as piialta1n nave IN some
hill three hnadred feethigh, in Lawrence county.
Before the works had boon erected for its dis
ullaton, and a large amount OF oil shipped 10 New
York. Gas springs are quite frequently seen, and
sulphur springs as numerous they nre in Mid
''The prospect for oil in North Alabama, Hew-
ever docs not rest upon surface indications merely.
In 1888, party Of workmen sinking an artesian
well upon one of the tributaries of the Tonbiebee
River struck oil at depth of little over six hun
dred feet which flowed upwards of seven weeks
covering the surface Of tho river for distance 0
more than fifty miles. 1t has often been the case,
toe, in sinking ordinary wells, that Oil has come
at 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 Lauderdalc county, Spring
IN Franklin, Town and Big Nance in Lawrence
Flint and Cotaco in Morgan, Limestone and Tyrone
IN Limestone, and Flint hurricane, etc. in Madi-
the indications Of oil exceeded by those
| Of any portion of the great oil range within the
States Of Kentucky. tennessee or Alabama. Ter
/ ritory having equally good indications can doubt
less be found elsewhere in the latter State but it's
distance from transportation must for the present.
| considerably lessen its value" 40
/ There Is scarcely . 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 amountof well selected territory than
any Company in the country.
Prof. Sanord's Geological survey.
A geological survey of these lands has inst been
made by Prof j NJ Stafford late State Geological Of
nation. His report, which, together with a care
fully prepared map Of the territory, will soon be-
completed and Publlshed Tor the Information Of
stockholders and others interested, states that it,
geological formation is the same that OF Penn
sYlvsnia, Kentucky and OveTton county, and that
there be doubt whatever Of the existence OF
petroleum throughout the entire region Of country
where it slocated- Aside from Prof. SafFordJs hi Oh
/ reputation as geolOgist, the fact that his views
with regard to the geology Of this section, have
been adopted BY all the most eIninent members Of
his profession in the country VINO have visited IT,
I entities his report 10 the very highest ccnsderaz
ton.
Working Capital, Etc. lEs-zI
The Board Of Directors have placed 5000 shares
of the stock ia the Market TO be sold SO 90 per
share to raise working capital and in Gaze siiI
scriPtions in any county sufficient to pay for
putting down one or more wells, the amou 80 sub
soribed viii be expended in that county In tbia
way particular localities viii have all tic benefit of
the Development and Of the expenditure Of the
amount raised by them. This is a proposition tie
Directors believe, which tho Inhabitants OF ever,
county where the Company have Iands yyhe ~
sire - know Their value for mining r,urnoee-i
should DC sure 70 avail Themselves Of. fr1f7
The Company already have four oil BORING MA
chimes ia Tennessee, and ia Alabama ro8 dc,
commence operations, and hope to have az laT.f = -
4 wells going down IN very short time lFbeir -
rtory also j. 50 great and varied in extent as 70 -
cure for them not only the benefit Of del
veOpment, but Of that Of the nFlTaerss,,s y