The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1867-07-12

Indications of oil.

pains bcsG tracts IN tuC Va
Tious localities Several very remarkable oil
springs have been discovered, while gas Jets, sulphur
springs, sat ticks end deposits of asphatum or so
Hdiied pctccleu1ns are OF frequent occurrence. The
shale. also, and much of the limestone with which
thecoupaI.yi IS lands abound, completely satu-
rated with oil, and when placed in the fire ignite
and burn Ike the best camel coal. Ia short, al the
Indications most relied upon by OH men in Pennsyi-
vsnia, West Virginia and Kentucky, are found in
abundance, while valuable deposits of iron, coal,
lead clay etc, are known to exist on the territory
Of tho company
a speeid correspondent Of the Pittsburg oil
N0rs writing for that journal recently, from Ten
ncsseo, says:
"Thc Oh REGION of Tennessee embraces about O.
800 square miles and Che following counties parts
of counties: Robertson, Montgomery Dickson.
Hickman, LEWIS, Lawrence, Wayne; the greater
portions OF Ovorton, Tutnam White DeKalb War
rem, Coffee, franklin, Perry, Humphries, Stewart
Macon, considerable portions of Jackson. Cannon,
Lincoln, Giles llar,in, Williamson, Cheatham,
Sumueri aud small portions of Smith, Van Buren,
Grundy, Marry and Davidson.
Tho Indications Of oil in this division arc very
much superior TO those in any other portion of the
state IN Overtoh and other counties adjoining the
/ Burkesville region, in Kentucky, n considerable
number Of paying wells are already in operation
In Lincoln, Giles, Lawrence, Lewis, Hickman, ETC.
there has been development yet but parties who
have visited the different sections Of the State are of
opinion that these counties are UNSURPASSED in their
richness oil territory The limestone often so
/ impregnated with OF that piece Just broken of
viii burn brightly, and the slalc 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., are
OF Ireq uehJ occurrence IN several places, the oil
was gathered in such quantities twenty thirty
years ago as TO be PIT up in bottles and sold. Tar
springs. although uUt numerous as. oil springs,
/ arc nevertheless occasionally found. there being
several very rcmar6a Die both in Tennessee and
I Alabama The explosions of petroleln Gas in sew
eral counties IN Tennessee have frequently been so,
powerful as to throw large rocks from their posi-
tons and seriously alarm the people living in the
vicinity. Sulphur springs are found everywhere
around the slopes and IN the valleys. AS al the
oil yet obtained in Kentucky and Tennessee has
bad strong sulphur smell, these springs are
sdered among the best OF all the Indications of oil.
salt springs very numerous also, ard in several
localities very considerable deposits of asphatum.
I OF sol3ifed petroleum, have been discovered.
"Up0n all the creeks that iow into the Tennessee
river. from Chattanooga TO Fort Henry, these indi-
cations exist ia greater or less dogIee. Upon Elk
and Duck rivers and their tributaries particularly,
they are uneXcelled. OF rivers Howlng into the
( Cumberland. Obeys, Canoy Fork and Uarpeth have
all very encouraging indications"
Of North Alabama the same correspondent writes
/ as follows:
"The geological formation of North Alabuma va
res in no essential particulars from that of Middle
Tennessee. Upon all the creeks that flow into tho
Tennessee. on either side from whore It enters the
State in jackson county, to where IL passes out, in
LaUderdale the sandstone, limestone and shale are
fOuud IN alternate groups. In some places the sand
stone the beds of the streams at times of low
/ ter in summer, can be found completely saturated
with OIL Tor q distance OF several rods The lime
stone, also, is considerably impregnated with it
/ while much fthe shale IS the equal Of the best
/ camel coal inlts OIL producing properties. Some
the most remarkable beds of the latter, be found
in the country, upon several Of The creeks emp
/ tying into the Tennessee river.
/ ''Mmeral springs are abundant In North Alabama.
Several very fine oil springs have been discovered,
. and upon lal &c number of streams OIL has been
/ found floating on tile surface Of the water. Upon
I one Of the tributaries of Flint river in Madison
/ county, IL formerly gathered in considerable
quantities, and in digging mili-race several years
ago5 the Worknen used TO CT their boots with the
/ oil which eXuded from the rocks Tie company
/ has lease Of this land. Tar springs, also, are
/ sometimes found. One of the most noticeable OF
these is Capp's creek which flows into the Bushy
/ Forlaof SiPsey, in Lawrence county. The water
! or bitumeu, gathers on The surface.
every large posi-s of Gsphaltum have in some
instances been found. One Is situated the top
81 hill three hundred feet high, In Lawrence county
Before the works had been erected fer its dis
tlletion, and large amount Of oil shipped to New
York. Gas springs ire quite frequently seen, and
snIphurspriugs are us numerous as they are in Mid
''The prospect for 3i in North Alabama, how
ever does not rest upon surface Indications merely.
( In 1855, party of Vi or}meu sinking artesian
I well upon of the tributaries of the TOmbigbee
River struck oil ct depth of little over six hun
/ drcd feet So iJeh flowed upwards Of seven weeks,
covering tne surface of the river for distance
more tHau l.g5 miles slt has often been the case,
too, u sinug ordinary wells, that oil has come in
to them iH such quantity to render the waterun
I &c Tor uae An instance of this kind occurred on
the banks Of the Muscle Shoals several years SINCE
Upon 5E0ai, Cow pens, Blue Water, sugar, Bluff
and Second Greeks, pa Laudsrdalc county, Spring
In Franklin Town and Big Nance in Lawrence,
Flint and Cytaco in Morgan, Limestone and Tyrone
ia Limestone and Flint, Hurricane, ETC.. in Madi-
son. the indications of oil not exceeded by those
of any portion of tile great oil range within tho
( States Of Kentucky, Tennessee or Alabama. Ter
ritory having eq lallT good indications can doubt
less DE found elsewhere DO the latter State, but it's
distance from transp must for the present,
[ considerably lessen Us value"
There Is scarcely locality above mentioned in
winch tiis company l'aa not tis rst or among the
IrSt 10 lease Oh iaHo ana u has therefore, pToba-
bly, larger amount Of well selected territory than
/ any Company in the country
Pref saGord's Geological Survey.
A gecloqieal survey of these lands has just been
made by Prof. VI. Stafford, late State Geologist Of
nation. His report which. together with a care
fully prepared map 81 inc territory wiz be-
completed and published for the information Of
stockhoidors and others Interested, states that its
geological formation is The same as that OF Penn
. sylv2lia, Kentucky and OvertoB county, ana that
there can be no dOubt whatever Of Che existence Of
petroleum throughout the entire region of country
/ where 10 is located. AsdefrOm Prof Saofd's high
reputation Is geol0gist, the fact that his views
with regard TO the geology Of this section, have
+ been adopted by all the most eminent members
his profession in tho country who have visited IL
entities hisroport 70 the very highest conaidera-
/ ton.
Working Capital, Etc.
The Board Of Directors have placed 900 shares
Of the stock I'm The market be sold &C 80 90 per
/ share, TO raise working capital and in sub
/ scriptions III any county sufficient % pay for
putting down one or more wells the amount so sub
/ scribed VIII be expended Do that county. IN this
vav particular localities will have All The benefit of
I the development and Of the expenditure Of the
amount raised by them his - q proposition, tbs
{ Directors believe which the iuhabitauG Of every
I county where the Company have lands, who de-
sire 10 know thclr value for mining PURPOSES
3 should be sure 70 avail themselves Of.
The Company already have four OF boring ma
chimes ia Tennessee, and one in Alabama, ready 70
commence operations, and hope 70 have 1T least five
wells going down in q 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-
velopment, bat Of that Of the numerous other com
pauies whose lands are situated in the vicinity Of
their own. of these quite large number arc put-
ting down wells in the imm ediaUe vicinity OF Snds
Of the Company, aud If successful this fact alone
/ viii doubtless make Us stock worth nearer par
than it, present subscription price. superiuten-
dents for the various projected wells have also been
engaged, who have had several years practical ex-
+ peflenee M the Oh regions of PeUnsVlenlaa aad