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Rush for Oil Developing in Virginia Hills
In southwestern Virginia oil firms move to exploit mineral prospects as California Oil Company holds 52 000 acres in isolated hills and the Clinchfield Coal Company funds another natural gas venture across Craig Giles and Montgomery counties. Geologists from Virginia Tech identify promising zones while drought and coal industry shifts spur rapid land value growth around Rose Hill and Clintwood as wells near Lee county project 75 000 barrels of oil annually.
MENTIONED IN THIS ARTICLE
California Oil Company
Virginia Tech
United 28
Virginia
Southwest Virginia
Lee County
Rose Hill
Drouth
Clintwood
Craig
Giles
Montgomeé
Appalachian Range