- Author
- Loose, John Ward Willson.
- Date of Publication
- 1985.
half of all oil pumped plus bonuses as high as $4,000 per producing
well.'
News of the wild speculation reached Lancaster County quickly. First
to express interest was a group of Lancaster men who organized The Lan-
caster and Clarion River Oil Company on 16 January 1864. Capitalized at
$300,000, with