The Elk County advocate. [volume] (Ridgway, Pa.) 1868-1883, 1877-04-19
RIDGwAy OIL TERRITORY.
SURFACE INDICATIONS OF A SUPERIOR
QUALITY AND LARGE QUANTITY.
THE RIDawAY OIL AND PIPE LINE CO..

oil has been strong in this place, and
| it was said that the oil would all end
| i'm talk as has been the case in many
other instances for several years past.
The men that talked oil this time were
men that meant business, and now
we are pleased to lay before our readers
some of the plans Of the Ridgway Oil
and Pipe Line Co., together with the
prospects of oil in this vicinity.
THE OBJECT
of the company is to thoroughly, and
| Systematically, test the oil producing
value of this section, and for this pur-
pose several wells will at once be put
down in different parts of the Com
pany's territory. The organization of
the company has been completed and
we give
LIST OF THE OFFICERS.
Horace Little, President.
Geo. Woodward, Vice President.
d. G. Oyster, Treasurer.
! H. NJ. Powers, Secretary.
MEN CONNECTED WITH THE ENTER
| PRISE.
The officers of the company are men
well known for their business tact.
Horace Little, prominent and sue
cessful oil man heads the list, and D.
G.. Oyster, Cashier of the Ridgway
Bank, man of large means and busi-
ness experience, occupies the position
of Treasurer. DR.. G. r. Farley, well
known TO all our readers as an extern
sive real estate speculator and public
spirited man is one of the members of
the company. Alfred Short, of North
East, a man of means and large busi-
ness interests both in this and Erie
County, is another member. We
speak of these men particularly ns an
earnest that the undertaking is one
that will be carried to a successful end
if pluck, pains, and business expert
ence can bring success. Other men OF
means are connected with the enter
prise who wish to have their names
withheld for the present.
THE PROSPECTS.
1t is generally accepted theory
among oil men that the oil is found in
drifts or belts, and that these belts lay
in certain direction. This theory
is one very strong reason for suspect.
ing that we are on the belt as the
streams run in the direction that cor.
responds to the course of the drift
Oil has been found at Wilcox above
us on the Clarion river, and some OF
the best oil fields in Pennsylvania are
found below us on the Clarion. AS 8
matter of course as oil is found below
and above this place, taking the OF
theory for granted, we are on the belt
Then, oil has been found IN this i'm
mediate vicinity on the surface, ano
the pebble rock, or oil sand, is also
found in large quantities. The
OIL SPRINGS
at Milestone are traditional and al
other points OIL the Clarion oil il
found on the surface, enough to war
rant the belief that we are in the
midst of new and paying oil terri
tory, which when developed may
eclipse adj former ones. Without
much doubt this is part or continue
ton of the Clarion oil fields, which
if theory is anything, means produc
tive oil territory when 1t shall have
been developed.
FORMER WELLS.
Dickinson's well on Dickinson:
fiat, was sunk 800 feet several year.
ago, and tubed, with great flow o
gas. This well is on the Company
lease, and may be drilled deeper
The well at Daguscahonda, 500 fee
down, where oil was actually pro
duced is very near their lease. Th'
well at the foot of Osterhout's hill wa'
only down a few hundred feet, anC
not enough to approach a test. Ii
the Bradford oil field wells were pu
down several years ago to the deptl
of ten and eleven hundred feet, with
out finding oil, and since the oil fever
has broken out there anew, in many
instances, the same wells have beel
made to pay by sinking them to /
greater depth 1t is a usual thin.
even in the best oil territory for well
to be sunk from 1900 to 1000 feet, and
of course we cannot call either tn
Dickinson or Daguscahonda well any
thing of test, although the indica
tions We're certainly of a superior orde
and when these wells are drilled to
sufficient depth we expect oil will b
found in paying quantities. 1t may
be possible that 1900 feet will reacl
the oil, and may be that 1000 or l20
feet may strike flow, as the Wilco,
oil wells are on much higher ground
and find oil at 1900 to 1900 feet, and
again, it is possible that we may hav
to drill 1000 feet to get oil. OF on
thing however, We rest assured, tn
territory will now be tested to tn
finding of oil in paying quantities O
to the acknowledgment that this i
not an oil region.
WHO WILL BE BENEFITED?
, The finding of oil in this vicinit
would be benefit to every propert
holder, every business man, and ever
g lahorinu man II would hrinr 0a,,it.