The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1867-02-01


Indications of oii.
The territory Of the company has been leased 10y /
careful and competent agents who have spared no
pains expense secure tie best tracts in the
rious localities. Several very remarkable oil
springs have been discovered, while gas jets, sulphur
springs, salt ticks and deposits Ct asphatum So
hdihed petroleum, are Of frequent occurrence. The
SEalC, also, and much OF JheInlestOHe with which
the company's lands abound, are completely satu-
rated vi Ia oil, and when placed in the fire ignite
anal buruke The best camel coal. IN short, all the
Indications most relied upon by oil men in Pennsyl-
wanna, " est Virginia and Kentucky, found in
abundance, while valuable deposits of iron. coal,
Of the company.
a special correspondents Of the Pit5-burg Oh
Aers writing for that journal recently. from Ten
'.Tle oil region Of Tennessee EN- braces about D.
800 square miles, and the following counties parts
Of counties: Robertson, Montgomery. Dickson,
Hickman, Lewis, Lawrence, Wayne; the greater
portions of OvertOu, Putnam, White, Dekalb, w az
rem, Coffee, Franklin, PoTry Humphries, Stewart
NJ AEON, considerable portions of Jackson Cannon,
Lincoln, Giles, Iiar IN, Williamson, cheat ham,
/ Sumner; and small portions Of Smith, Van Buren,,
! GTundy, Maury and Davidson
The indications of oil in this division are very
much superior 20 those IN any other portion of the
State. In Oyerton and other counties adjoining the
BurkcsyfIe region, ia Kentucky, considerable
number Of paving wells are already in oueration-
In Lincoln, Giles, Lawrence, Lewis, Hickman, etc,
there has been nodevelqrracrt vet but parties who
have visited the different sections Of the State Of
opinion that these counties unsurpassed in their
richness oil territory. The limestone is often
J q
VIII DuTn brightly, and the shale has the odor OF
petroleum and viii ignite ike coal. The sandstone
/ Is also often found completely saturated with oil
/ In auuIu 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 or thirty
years ago as to be PIT up in bottles and sold Tar
/ springs, although not numerous oil springs,
| are nevertheless occasionally found, there being
several very remarkable ones both in Tennessee and
Alabama. The explosions Of petroleum gas in sew
cTaI counties Tennessee have frequently been
powerful as to throw large rocks from their posi-
Jions and seriously alarm the people l'Ing IN the
I vicinity. sulphur springs are found everywhere
around the slopes and ia the valleys. As all the
/ OH yet obtained in kentucky and Tennessee has
sidered among the best of AL the Indications Of OIL
Salt springs are very numerous also, AZ in several
/ or soEdihGd petroleum, have been discovered.
''UPon all the creeks that fOw into the Teunes
river, from Chattanooga to Fort Henry, these Indi
cations exist IN a greater or less degree. Upon Elk
and Duck rivers and their tributaries particularly,
! they are uneXcellcd. Of rivers flowing into the
! Cumberland Obeys, Caney Fork and uarpeth have
all very encouraging Indications
/ Of North Alabama thesaIne correspondent writes
Z IS follows:
'sTho geological fol nation Of North Alabuma va
Ties in essential particulars from that of Middle
Tennessee. Upon all the creeks that flow into the
Tennessee, either side from where It enters the
State in jackson county to where it passes out, in
Lauderdae, the sandstone, limestone ana shale are
found in alternate groups. In some places the sand
stone IN the beds OF the streams at times Of low va
! ter IN summer, can be found completely saturated
with oil for distance Of several rods The lime
/ stone, also, Is considerably impTegnated with it,
! while much Of the shale is the equal of the best
camel coal Units Oil producing properties Some OF
the most remarkable beds Of the latter, to be found
in the country upon several OF the creeks emp
/ tying into the Tennessee river.
I Mineral springs are abundant in North Alabama.
Several very hue oil springs have been discovered,
and upon a laI &c number OF streams OIL has been
/ found floating on the surface of the water. Upon
/ Of the tributaries of Flint river in Maids on
/ county, it formerly gathered In considerable
ago, the woTuncn used to Gil their boots with the
oil which eXuded from the rocks. Tie company
sometimes found. One Of the most noticeable OF
these Is on Capps creek, W hicA flows into the BUshy
FORK o. SiYsey, IN Lawrence county Inc water
runs out Of crevice in the limestone and the tar,
or bitumen, gathers on the surface.
every large d posts OF asphaltum have in some
instances been found One Is situated on the top OF
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 New
York. Gas >priugs are quite frequently seen, and
suphUrsprlngs are as numerous as they are ia Mid
die Tennessee.
''The prospect for oil in North Alabama, how
ever, does not rest upon surface indications merely
/ IN 1888, q perty Of workmen sinking an artcs an
we'll upon one Of the tributaries of the TOmbigbeC
RIVER, struck OH at % depth OF little over SIN nun
bred 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 water1n-
Mt for use. An instance Of this kind occurred on
Upon Shoal, Cowpens, Blue Water, Sugar, Blutl
and Second Creeks, in LaUderdale county, Spring
IN Franklin, Town and Big Nance in Lawrence
tHnt and Cotaco IN Morgan, Limestone and Tyrone
in Limestone, and Flint, hurricane, etc. in Madi-
son, the indications of oiIare net 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 transport alton must, for the present
/ considerably lessen its valuc.'
There is scarcely q locality above mentioned in
which the Company was not the first. among the
first to lease oil lands and it has, therefore, proba-
bly, larger amount Of well selected territory than
any Company in the country.
Pref SaGOrd's Geological Survey.
a gee logical survey Of these lands has lust been
made by Prof j VI. Stafford, late State Geologist of
Tennessee. who spent two months in their exami-
nation. His report, which, together with q care
fully prepared map Of the territory, win soon be
completed and published for the Information al
stockholders and others interested, states that its
geological formation is tie same as that Of Penn
sylvania, Kentucky and Oyertou 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 Stafford hi oh
/ reputation as geologist, the fact that his views
with regard % the geology of this section, have
been adopted by all then most eminent members OF
his profession in the country who have visited it,
entities hisreport to the very highest considera-
ton.
Working Capital. Etc.
The Board Of Directors have placed 5000 shares
OF the stock in the market, be sold at $40 90 PEI
share, to raise working capital and in Gaze -F7-
sgTiptiOns IN any county sufficient TO nav for
putting downone or more wells, the amount 50 gllI-
| scribed viii be expended in that cluntv- In this
way particular localities viii have ali he baoe IA
! the developer. mt and Of the expenditure of the
amount raised by them. Thi> is il proposition the
Directors believe, which thu inhabitants Of every
county here the Company have lands who de-
sire to know their value for mining purposes
should he SIRE toavail themselves of.
The Company already have four oil boring ma
chimes IN tennessee, and one in Alabama, ready t,
commence operations, and hope to have at least u
2 harr fer