Oil Prospect Found Near Hoht River in Jefferson County
A 1912 Aberdeen area oil prospect near the Hoht river in Jefferson County yielded showings of high grade oil after a summer search by mining engineer A W Lane and geologist partners. A shallow hand-dug well produced several barrels of oil and a public exhibit is planned at the Electric building in Aberdeen. The Jefferson Oil Co. holds 3000 acres of oil land with no preferred stock, guaranteeing stockholders a just, proportionate share.
MENTIONED IN THIS ARTICLE
A. W. Lane
Grays Harbor
Hoht River
Jefferson County
Lane
Aberdeen
J.D. Crary
A. W. Middleton
E. C. Miller
Crary
Miller
Mid
Eton
Electric Building
Jefferson Oil Co
Beng
Jefferson Oil Co Divides 160 Acres into Small Lots
The Jefferson Oil Company subdivides its 160 acre oil discovery into multiple small parcels. The company issues 3500 shares of stock valued at 20 shares per lot, with proceeds intended to fund development.
Oil Discovery Sparks Growth Hope for Grays Harbor
The text notes oil finds across multiple states and claims land values have surged while bank deposits rise. It compares high grade paraffin oil at two fifty per barrel in OH and California oil at three hundred per barrel, suggesting the Grays Harbor region faces an era of growth and prosperity driven by new oil wealth.
MENTIONED IN THIS ARTICLE
Olympic Peninsula
Hoh River
Grays Harbor
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Jefferson Oil Company
Pennsylvania
Ohio
California
Oklahoma
Texas
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