The Canon City record with which is consolidated the Canon City cannon., 1917-08-02
OIL COMPANY HAS
LEASED 215 ACRES
NEAR CANON CITY.

MY -NtdI tltSt Oll springs
A. NJ. Cassiday OF Denver commenced
his oil operations in March 1852 He
sank four shallow wells to a depth OF
from sixty 10 ninety feet. and from
these about 5000 gallons of oil were
pumped and shipped TO Denver and
other markets where II sold at from
! s1-25 10 $2.s5 per gallon. In the an
nual report OF the Colorado State
School of Mines for 1856 Is found The
Report on the OIL Fields of Fremont
County. Among other things. II Is
there stated that the indications show
that the Canon city sh,v Florence
basin is twelve mles lSr and four
miles wide az it, narrowest point. and
tina. 11syond question oil exists there
In paying Quantities.
In said report. under the heading
Testimony of the Rocks. IL il stated
that Canon City Is located at the head
OF an ancient bay. the waters OF which
years aso deposited in horizontal lay
ers various muds. which by consoli-
dalton formed the different series OF
saadstones. limestones and shales
Subsequent disturbances and upheav-
rs broke through these deposits and
upllfted the edges OF the rocks which
we're then resting on the granite
Contemporaneously with the time Of
upheaval mentioned. which was GER
tainly after the cretaceous period. the
strata were ruptured and creviced. the
essures thus produced perhaps being
filed with gas. oil. steam or water
II is found that at the Cassiday oil
wells the strata of rock have a dip OF
about on. foot IN one hundred South
OF these wells the dip Is about twenty
Sc degrees. while north OF these wells
the rocks lie conformabiy horizontal
for several miles. The oil found in
the Cassidy wells was filierlng
through the Jurasic sands. but no
crevice was drilled into. OF any i'm.
portance. the oil coming from a break
iE n crevice.
A IL has been proven that oil exists
In paying quantities. near and around
these wells. drilled by Mr.. Cassiday
in 1869. but Is also TO be found in
crevicss or veins. the one aim and pur-
pose of this company has been TO find
these veins and crevices. The Com
pany therefore. before obtaining any
oil leases on any land. sought the best
Information and consulted with and
employed the best oil experts known.
according 10 their proven ability in
findinE oil veins and accurately meas
uring up locations for drilling
Among others. a man from the state
Of Florida went over the ground and
made locations--a man whose exper-
i.nce and success along these lines
OF work enables him TO command the
sum of $500 for the making of single
oil location. Very recently. a man
from Decatur. Illinois. who has had
over thirty years experience as a To-
Gator and drillcr. examined the land |
and both of these men round Ave GREY
ices. containing oil. running through |
these lands-on which the Company |
subsequently secured leases.
Alt Is also worthy OF mention that a
tScal mining man. whose observation /
and experience has acquainted him
with the differen, rock formations OF |
Fremont county. and who has also
done work as locator. has agreed |
l with the discoveries made by the
other oil men. as to the exact Ioca-
ton and size of the crevices-the
measurements OF width having agreed
exactly in many places.
T-b. main ..raxyfra r,tna Iaprsh~iool
through the company's leased land for
distance of one mile. and the width
of II. where the company intends to
drill the first well. IL about seventeen
feet Three of the oil veins may be
considered as. feeders OF the large
one; and the junction OF three OF the
veins forms also one of the drillingI
sites OF the company The fifth vein
suhs parallel with the large one. at a
distance of about forty feet.
All OF these oil men have remarked
that the Canon City and Florence oil
basin is one OF the bes. known to
Them. They further claim that an oil
well produced from a crevice win be
more lasting. as a pumping PROPOSE.
ton than others. as the well drilled
in the crevice which runs through the
City OF Florence. has proven--it hav-
Ing already produced over two million
barrels since its discovery. And these
meg think II strange that Canon City
people. with such a storehouse of
wealth at their very door. should not
take hold and make use OF II.
The officers OF the company are e.