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Show A Lucky- Tueorist, A enrres pnndeiit of the Pittsburgh C'nmer-cial C'nmer-cial says that Mr. C D. Aogeil. sutue ears ago, rijectcd the idea that oil wells could bo located by chance, and formed the theory that oil existed in belis. The more he investigated the matter the firmer became his belief, and he finallydeiermined the cour.-eof iwo beks running from Petroleum Centre to Sembgiass, in a northeast and southeast direction. So great was his faith that frun time to time ho bought nearly all the land lying on these belts along the Alleghany River, from Scrubgras to Forster's Station, and has also purchased largely of lands at other points within the limits of his -urveys. The result is that of eighteen eight-een wells drilled upon the belt, only one was a failure, and that one was not pioperly located on it. Mr. Angcll is; already very wealthy from ihe large j tracts of va!uable oil lands he holds, 1 and from the developments of the last few months it is ihoagbt he is certain to realize a fortune compared wi'h which all previous ones made in the oil regions will appear insignificant. |