The Lafayette gazette. [volume] (Lafayette, La.) 1893-1921, 1901-11-23
NUMBER 80.
CARACRISTI'S REPORT
TO the AnSe LA Butte OIL and
Mineral Com pany-PetrO-
leunl, Natural Gas and
Salt Found in Pay
ing Quantities.

Through the courtesy of Mr.
Robert Martin, Of St. Martinville,
The Gazette has been place d in p S
session of copy of the report of
Mr.. c. +. L. Caracristi on the
holdings of the Anse LaButte Oil
and Mineral Company. The re-
port is very neatly printo d and is no
doubt valuable from a scientific
standpoint. 1t is unquestionably the
T ablest and most compreh ensive re
/ port on the Anse LaButte section.
1t is the clear, unbiased opinion Of
an expert of the mineral wealth of
Anse LaButte and the adjacent
country. Mr.. CaracrIsti states that
, the recent esti9a:Ions proved the
existence of petroleum, natural gas
and rock salt in paying quantities.
1t is to be hoped that this most en-
Couraging report will be followed b,
the development of the field.
MIR. CaraCristi concludes his re-
port as follows:
Flrst-I find on your properties
deposit of rock salt, covering a
with thickness Of, approximately,
800 feet, the value Of which deposit
1 place, in its undeveloped state. at
one hundred thousand dollars.
Second-I find on your proper
ties, as more fully set forth in the
foregoing report, the existence Of
natural gas and petroleum: asso-
ciated with the usual sand and ex-
listing under the most favorable
geological conditions
Third---I find that the geogra-
phical location Of the Anse LaButte
properties is such as to give cheap
either by rail or
water route, to the interior and to
North and South Atlantic ports.
Fourth That for the salt pro-
duced on your properties there ex-
lists large and growing demand in
the United States, the West Indies
and South America and Central
America. The Latin American
markets are especially important, in
view of the fact that all Of the high
grade salt is imported from England.
Fifth--That the chloride of So
dunn (salt) found on your property
is admirably suited to the manu-
faCture Of sodium carbonate (wash-
ing soda) and sodium bicarbonate
cooking sOda}.
Sixth-That the natural gas found
on your properties is of superior
quality. and when developed in
large quantities is far more valuable
tn n petroleum, owing TO the fact
that it does not require refining or
haulage, etc, and may be sold To-
Cally for cash with but small ex
penditure Of money for piping. 1t
must also be remembered that ma
tural gas is used in the develop
n1ent Of home industries, while
petroleum Is sold for shipment and
does not aid local developments.
Seventh-While drilling for the
gas for fuel to be used il
operation Of pumps and machinery,
petroleum will be encountered in
quantities to make it merchant
able commodity: and, owing to the
low gravity of the product, it will
justify distilla ton into kerosene,
headlight oil, lubricatng oils and
astaki (resldunm).
Eighth-That, considering separ-
ately and collectively the mineral
elements and their compounds as
found on your properties, as more
fully described and set forth in the
report, and comparing
their economic value with other
similar enterprises throughout the
United States, ! can recommend
your project and its possibilities to
conservative INVESTORS; provided,
the capitalization Of all your prop
critics, after development, does not
exceed $500, 900.