The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1867-06-14
OIL AND MINING co.
Indications Of OIL.

pains expense to the best tracts in the va
springs have been discovered while gasiets, sulphur
springs salt licls and deposits of asphatum,
ldihed petroleum, aTeof reagent occurrence Inc
shale also, and much Of tie laIestene with which
the company's lands abound, completely satu-
rated with oil and hen placed IN the fire ignite
aId burn ike the best camel coal. Tn short, al the
indications most relied upon by oil men in Pennsyl-
vanIa, Vest Virginia and Kentucky, are found in
abundance, while valuable deposits of iron, coal,
lead, clay, etc. are known to exist on the territory
OF the company.
a special correspondent of the Pittsburg Oh
Ae7ra, wr ting for that journal recently, from Ten
''The oil region of Tennessee embraces about g.
30osquare miles, and the following counties or parts
of counties: Robertson, Montgomery, Dickson,
Hickman, Lewis, Lawrence, Wayne; the greater
portions of Overton, Putnam, White. DeIIalb, War
rem, Coffee, Franklin, Perry, HUMPHREYS, Stewart,
Macon considerable portions Of jackson, Cannon
Lincoln, Giles, Har in, Williamson Cheatbam,
sumner; and small portions of Smith, Van Buren,,
GrUndy, Maury and Davidson.
''Ihe 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 tho
Burkesville region, in Kentucky, considerable
number of paying wells are already in operatfon-
Ia Lincoln, Giles, Lawrence Lewis, Hickman, ETC.,
there has been no development yet bUt parties who
have visited the different sections Of the State are of
opinion that these counties are unsurVassedin their
lnlpregnated with OIL that piece gust broken off
viii burn brightly, and the shale has the odor Of
petroleum and viii ignite like coal. The sandstone
IS also often found completely saturated with OIL
In addition to these Indications, oil springs, tar
springs gas springs, sulphur springs etc., etc. arc
Of frequent occurrence. In several p0ces the oil
was gathered III such quantities twenty or thirty
years ago to 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 ia sew
eTal counties IN Tennessee have frequently been so
powerful as to throw large rocks from their posi-
tiOns and seriously alarm the people living in tho
NleihlIy. H9' PhuI springs, are lnnhd eyeTywhere
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-
sidered among the best Of all the Indications of oil
salt springs very humorous also, and ia several
localities very considerable deposits of asphaltum
1 or solidifed petroleum. have been discovered
EUpon all the creeks that flow iato the Tennessee
river from Chattanooga 60 Fort Henry, these indi-
cations exist IN a greater less degree. Upon Elk
and Duck rivers and their tributaries particularly
they are uneXeelled. OF rivers flowing into the
Cumberla4d- Obeys, Cancy Fork and Harpeth have
] all very encouraging Indications
/ OF North Alabama the same correspondent writes
as follows:
s'Tho geological formation Of North Alabuma va
res in essential particulars from that of Middle
Tennessee. Upon all the creeks that flow into the
Tennessee, on either side from where It enters the
State in jackson county, to where it passes OUT in
Lauderdale, the sandstone, limestone and shale are
stone the beds of the streams at times of low wa
/ ter in summer can be found completely saturated
with oil for distance of several rods. The lime
/ store, also, is considerably impregnated with IL.
while much OF the shale is the equal of the best
camel coal IN is oil producing properties Some o
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.
| Mineral springs are abundant in North Alabama.
Several very fine oil springs have been discovered,
and upon a laIge number of streams OIL has been
! found floating the surface of the water. Upon
/ one Of the tributaries of Flint river in Madison
county, 1T " formerly gathered in considerable
quantities, and in digging millracc several years
ago, the WoTknen used TO Cll their boots with the
/ oil which cxuded from the rocks. The company
| has lease Of this land Tar springs, also, are
sometimes found. One Of the most noticeable of
I i W To- bv
/ Fork Of Sipsey, in Lawrence county. The water
runs out Of acrevice in the limestone and tho tar
/ or bItumcn, gathers On the surface.
Every large posits Of asphaltum have in some
instances been found. One is situated the topof
a hill three hundred feet high, in Lawrence county
Before the war works had been erected for its dis
tillatiOn, and large amount Of oil shipped to New
/ York. Gas springs quite frequently seen, and
suphursprlugs are as numerous as 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 Tombigbee
River struck oil at depth of little over six hun
/ dred feet, which flowed upwards of seven weeks,
covering the surface OF the river for distance o
more than fifty miles. II has often been the ease,
700, IN sinking Ordinary wells, that OH has come in
70 them IN such quantity as to render the wateru m
/ lit for use. An instance of this kind occurred on
the banks of the Muscle Shoals several years since.
Upon ShOal, Cowpcns, Blue Water, Sugar, Bluff
and Second Creeks, in LaudeTdale 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-
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
/ ritoTy having equally good indications can doubt
less be found elsewhere in the latter State but its
distance from transportation must, for the present,
! considerably lessen It's valuc.''
There is scarcely locality above mentioned in
/ which the Company was not the first, an0gg the
first to lease oil lands and it has therefore proba
! any Company IN the country
Prof, saford,s Geological Survey,
a geological survey Of these lands has just been
made by Prof. j NJ Safford late State Geologist of
! Tennessee. who spent two months in their exami-
/ nation. His report, which, together with
fully prepared map Of the territory, viii soon be
completed and published for the information Of
stockholders and others interested states that its
/ geological formation is the same that OF Penn
sylvania, Kentucky and Oycrton county, and that
there can be no doubt whatever Of the existence OF
petroleum throughout the entire region Of country
where it is located Aside from Prof safiords high
reputation as gcologst, the fact that his views
/ been adopted by all the most eminent members Of
( his profession in the country who have visited it,
entities hisreport to the very highest eonsidera-
| ton.
Working Capital, Etc.
The Board Of Directors have placed 5000 shares
Of thc stock in the market to be sold at go 90 per
share, TO raise working capital and in cazo sab
1 seriptons in any county are sufficient to pay for
/ putting down one or more wells, the amount 50 sub
/ scrlbed wIh be expended - that county. In this
way particular localities viii have all the benefit OF
] o
amount raised by them. This Is 8 proposftion, the
Directors BELIEVES which the inhabitants Of every
I county where -. Company have lands who de-
I sire 20 know Their value for mfnfng r,rrnoses
should be sure to avail themselves of.
The Company already have four oil boring ma
CHIMES in tennessee and one IN Alabama, ready TO
commence operations, and hope TO have at least fvo
wells going down in a very short time. Their ter
rtOry also is great and varied ia extent as 20 Sc
cure for them not only the benefit OF their own de-
velopmcnt, but Of that Of the numerous other com
panics hose lands situated in the vicinity Of
their own. OF these, quite large number arc put
ting down wells ia the immediate vicinity Of laDda
Of Jhe Company, and if successful this fact alone
VIII doubtless make its stock worth nearer par
Jhan - present subscription price. supeTinten-
! 49, - =