The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-08-11
'PEROUE ISLAND GAS
IS THE REAL ARTICLE
DIR. Henry Froehling Declares 1t Has
Its Origin in Petroleum Base.
Sample Shows Up Well.
STOCKHOLDERS ARE PLEASED
Tidcwater Oil and Gas Company
Closes Deal Leasing $4,000 Acres In
Cumberland, buckingham, Prince
Edward and Chesterfield.

Asserting that the gas discovered
County not only is derived from a
petroleum base, but that it is of ex-
ceptionally good quality, DR.. Henry
Froehing, of Froehling and Robert
son, conducting the Richmond Test
ing Laboratory, made his first pubic
statement regarding his analysis of
a sample of the gas at mass meet
ing held last night at 4 North Eighth
Street by stockholders of the Tide
water OIL and Gas Company and citi-
zens of Richmond.
DR.. Froehling made the analysis of
a sample of the gas August in his
laboratory and declares that 1t con-
tanned 0.3 per cent of carbon dioxide:
12 of oxygen: 76.3 of methane; 10
ethane, and 143 of nitrogen by diffe-
ence. The amount of ethane con-
tanned III his sample according to DIR.
Froehling, shows that it is derived
from petroleum base. He stated that
this gas discovered in Chesterfield has
an unusually large amount of ethane
in it and for that reason he feels con-
fident that it is of exceptional value.
Some gas. he said, does not contain
near as much ethane. DR.. Froehling
talked for several minutes regarding
the analysis and every one seemed
very well pleased with his remarks
regarding the gas.
Stockholders Satisfied.
large number of the stockholders
in the corporation were present and
made short talks regarding the dis
covery. All of them declared that
they had visited Perdue Island in he
past few days, have seen the demon
STATIONS. and declared that they are
perfectly satisfied with their invest
ments. one of the stockholders,
whose home is in Washington and
who has invested in numerous other
projects. asSerted that he has made a
number of oil investments in the past
few years and that he was very well
pleased with the one he made in the
Tidewater ON and Gas Company.
Others seemed equally pleased, not a
single one of tht. stockholders present
expressing contrary opinions.
lease Great Tract.
Announcements was made last night
Mt the meeting To the effect that the
Tidewater oil and Gas Company has
leased a plot of land. embracing So
900 acres in Cumberland. Bucking-
ham, Prince Edward and Chesterfield
Counties. The stock holders were
unanimous in sanctioning the move
when a vote was taken. The deal
was closed yesterday morning, The
SECURING Ot TINS ihISt DIob Will BfttS-
state the amending of the charter.
the original calling for 10000 acres.
This means that the oil and gas COM
pany will become one OF the largest
in the country from an acreage stand
point 1t was announced that steps
will be Immediately taken to amend
the charter
The contract between the Tide
water Oil and Gas Company and the
s NJ. Whan Drill Company of Park
ersburg, w. Va was read and APP
proved by the stockholders. Chasie
Trafieri. who is president of the COM
panv, WIN leave Richmond immedi~
ately for the West Virginia city to
hold conference with Mr.. Whan
with reference to the work The ma
chinery is expected to arrive not later
than the latter part of next week and
by next Friday they expect to have
the derrick installed
Mr.. Peck on Possibilities.
J. F. Peck who Is gene al man
aGer of the company. made an inter
estlnE talk at the meeting regarding
the possibilities of the Chesterfield
County gas. He outlined the plans
OF the company and declared that If
any of the stockholders were doubt
full about the natural gas he would
be very glad to take them to Perdue
Island for a dem onStration. He stated
that DR. FrOehling's talk with refer
ence to the proposition should be suf-
fiCient to convince the people that II
is not marsh gas, but gas with a pc
troleum base He declared that he
could not see anything but success
ahead for the new corporation.