The Green Forest tribune., 1901-08-31
OIL COMPANY ENCOURAGED
An Important Meeting Held on
 Last Saturday.

The Green Forest Oil 6 Gas Company held another meeting last Saturday afternoon, and the work thus far accomplished in securing leases and putting the new enterprise on a substantial footing was very satisfactory and it was determined to push the matter with more vim and money in the future. Steps are to be taken in a short time look ing to the incorporation of the company under the laws of the state.
 Thus far leases have been se- cured covering over 1000 acres, with half that much more in pros- pect. Only a full explanation of the objectof the company in talk ing these leases is necessary to convince any fair minded land owner that he has all to gain and nothing to lose by giving a lease on his land and having it pros- pected for oil. and gas.
 When leases are secured on a sufficient amount of land to en- able the company to interest cap- ital in the scheme, active pros- peeting will begin.
 THE TRIBUNE is firmly of the opinion that this is an oil region, and this is no lately formed con- clusion either. There has been unmistakable evidence of the ex- istence of oil unearthed in many places. Years ago on the Moore place at the foot of the mountain about two miles south of town -on which place, by the way, the Green Forest Oil 6 Gas Go. has a lease-a well was dug and the water was so strong with oil that it was filled up and pro- nounced useless. In various other places rocks have been found with small quantities of oil pocketed in them. This we have seen with our own eyes. Such rocks were taken from well not more than a half mile from the public square of Green Forest.
 That this country is attracting attention as an oil bearing region is strongly evidenced by the fol- lowing article coming from the general passenger agents office of the Frisco system, 8 copy of which has just been received at THE TRIBUNE office. The article appeared in a handsome booklet entitled "Oil and Where to Find It." The article is Illustrated with 8 number of pictures, among which is ore showing the noun tain range between Green Forest and Berryville, looking east from Berryville. In this connection it might be added that a large num- Der of views of oil wells we have seen lately, showing the lay of the country in which oil has been found, is very similar likeness to the landscape one views look ing south from Green Forest. The article referred to above is as follows:
 "The mineral fields of North Arkansas have received atten tion in all parts of the union, on account of the rich deposits of lead and zinc which have been uncovered in that district during. recent years. But another factor which will one day figure with perhaps equal prominence in the assets of the state has been al- most, if not quite, overlooked. There is undoubtedly oil in the North Arkansas fields. Just how much, or of what quality, is yet to be determined. The fact can not be disputed, however, that it is there, and that it lies close to the surface. In Searcy, Newton, Boone and Carroll counties oil rock and oil shale are found in every direction, usually within forty feet of the surface. In all of these counties are found wells where coal oil can be plainly smelt and tasted in the water. That this is brought about through no artificial agency is