The Nome nugget., 1903-04-08
Big Petfoleum Pools on
 Kayak Island.
MANY. MEf WORKING
The Petroleum Equals the Best Pennsylvania QuaIity--Re.
 finery in Seattle.

tSeattfe. Jan. 15--Dr. A. II. Eddy, one of the pioneers of the Valdes and Copper river country, and probably one of the best posted men on the oil fields of that country, is just back from the north. He went up to Kayak October 2s 10 begin the development work of the Alaska Petroleum X Coal Co., $ properties, being 8 member of party 6f fifteen men sent up for that purpose Dr. Eddy was with President Johnson of the Alaska Development Co. when the locations were made in 1897, and for time he was director of that company. Having been interested in Alaska oil lands for the past five years, pr. Eddy is sometimes spoken of as the discoverer of oil there. This statement he corrected yesterday. saying:
 i.'Probably no white man can claim that honor. The existence of oil in that locality has IeeE known for q great many years. The facts are, oil is so abundant at certain seasons of the yfsr thai, no one could visit the locality without IeefnG it. AL times there are in places hundreds of barrels of the very highest class of petroleum to be found in pools and on the surface of the lakes, of which there are great many in the peighborhood. The formation is sandstone and shsle, and the. district bears every evidence of being a great oil deposit.
 "All that has been reported here of the Alaska Development gusher think is'in the main true. The well is cap ped, and there is no doubt but it will be great producer. Judging from the Satements, of those who were present before the well was finally controlled l should estimate it's capacity at about 2,Q00 barrels per day. This oil is, ac- cording to statements of experts, as high grade of petroleum as has ever been discovered. It is not to be con- pared for a, moment with the lower grade of oil found in California and Texas. It is equal, if not superior, to the very best Pennsylvania oil.
 "The property of the Alaska Petrol cum X Coal Co. is one of the best To- cated lands in tho district. They now control over 5000 acres situated on the mainland and on big Kayak island. All these lands are level, and being on the water front are accessible. and there fore can be developed and operated at considerable less expense than lands lying farther back in the interior.
 ".There is plenty of timber on the property for all. purposes of develop ment. The company has on it's various properties some eight or ten good log houses that furnish accomnodations for the men. They have q splendid working force now on the field, well equipped with everything necess- ary. The drill machine had not arrived when left there, but understand they hsve shipped, a complete outfit, and have secured the services of the best drill operators in the country.
 II have great faith in tho district and am reasonably confident that we will sec this summer in that locality one of thq greatest oil settlements this country 1as ever experienced.
 "Remember this property is on the ocean. No railroad stands between the producer and he consumer. Being on the ocean places tho producer in this To- cality in immediate relationship with all the world.
 This winter has been unusually se- xere, yet, notwithstanding the snow and cold. the work has been steadily prosecuted since the first day they got posseasion of these valuable properties.
 ..I am informed that It is the purpose of the company as soon as they have producing Svls os'.sufiicent. capacity, which, in my opinion, will not be great many months, to establish in Seattle refinery for the handling of