Oxford eagle., 1919-10-23
TAlLAHATCH|E COUNTY
STARTS OIL BOOM
Local Company to Make Exhaustive
Investigations.
Tallahatchie Herald:

Investigations.
Tallahatchie Herald:
We began publication last week O.
the application for charter of th'
Charleston Oil & Gas Company, which
is to be local corporation with capi
tai stock of one hundred Thousand
dollars and is being organized for the
purpose of investigating the possible
ties of oil in this county, and, if oil
is found, to exploit the production Of
oil and gas. The location of the com
pany is in Charleston and Messrs
w. b. Burke, vice president and gen
eral manager of the Lamb-Fish Lum-
ber Co.; Mr.. P. H. Starks, general
superintendent of Lamb-Fish Lumber
Co.; Mr.. Geo. Land, traffic manager
Lamb-Fish Lumber Co.; Mr.. N. H
Shields, of the traffic department
Lamb-Fish Lumber Co.; Mr.. W. F.
Lambert, manager, Bank of Charles
ton; Mr.. J. H. Caldwell, attorney and
vice president of the Bank of Charles
ton; r. H. Harrison, superintendent
of education of Tallahatchie county;
J. L. Harris, capitalist, of Water Val
ley, and w. l.. Johnson, of Water VAL
ley, oil expert and recently of the
oil fields of California, are the incor-
porators of the company. No an
nouncement has been made as to the
placing of stock on the market, and it
is anticipated by the incorporation
that the capital stock will be easily
absorbed locally. Organizers of the
company have been actively engaged
for several months in securing lease
contracts on lands in the vicinity
of Charleston and good many thous-
and ac1s have been secured.
erald is informed that the
4or lumber to build der
ssaen let and that new ma
y io4 ~ ppatsi.lg dowl. sine we'll viii
be purchased soon, representative
leaving within the next few days
for this purpose. 1t is the intention
to begin operations toward putting
down a we'll within thirty days and
the work of exploration will be push
ed from the beginning, the operators
being determined to finish the invest
cation within six months and if ne
cessary, to put down several wells.
The very best machinery that can be
obtained will be purchased and ma
chinery that will permit sinking
we'll to the depth Of five thousand
feet will be used Those interested in
the company some months ago secur-
ed the services of Mr.. julius Fohs,
geologist and oil expert, from the
fields of Oklahoma, who came here
and made very thorough exan'ina-
ton. 1t was upon his report that the
decision to organize the company and
make the Investigations was reached.
State Geologist, E. M. Lowe, is very
much interested in the project, sta
ting that he has long believed in the
possibility of oil fields in paying guam
titles in Mississippi, and he is expect
ed in Charleston very soon to go over
the lands and also to arrange for a
careful log of the first we'll that is to
be put down. Mr.. Johnson, of the
company, who is an expext oil driller,
with eleven years experience in the
big oil fields of California, will have
charge Of putting down the first WELL
Mr.. Johnson, while in California, was
with the E. L. Donhena Oil Co., the
Union Oil Co., and Bell Ridge Oil
Company, operating in the Fuller
ton Fields and The Great West Side
Oil fields, among the greatest and the
most productive oil fields of that
state and the world, and he comes
highly recommended by his former
employers. He prospected in this
county some two or three years ago,
while on visit to his home in Wa
ter Valley, but entering the army
shortly afterwards, was unable to do
anything about promoting what he
considers as very encouraging field,
until after his release from military
duty.
1t is anticipated that the first we'll
will be put down some five or six
miles south of Charleston and east
of Paynes, the work to begin within
the next thirty days.
It will be interesting to know that
so far only 18 wells have been sunk
for oil and gas in Mississippi at va
rious times and places. Many of
these wells were sunk without scien-
tific consultation, 13 of them not be-
ing located upon any structure, SO far
as geologists can determine; SO in
y;oyu nf the hanha N ri rnnthods which