This Psychic Reading given by Edgar Cayce in January (?), 1921 (?), in accordance with request made by T. H. Pierson. Exact date and place unknown.
P R E S E N T
Edgar Cayce; G. K. Nicodemus, Conductor; (?), Steno.
R E A D I N G
Time of Reading Unknown.
1. GKN: Now, Mr. Cayce, you are going to sleep, a quiet, peaceful and restful sleep. All the organs of your body will function perfectly. You will be normal in every way. You will hear me what I say and answer the questions I shall ask you slowly and distinctly so that we may get every word. Now, Mr. Cayce, you are asleep. You will locate the property of about 8000 acres of the Ramapo Mfg. Co., in the town of Ramapo, Rockland County, New York, and also in the town of Pompton, Passaic County, and Hohokus in Bergen County, N.J.
2. EC: Yes, we have the property here.
3. (Q) Is there any oil on this property, Mr. Cayce? (A) Yes. There is some oil on it and some oil in it too. Now, we have this as a general outline of the property as we see it here. Towards the north and east of the property here as outlined there are cup or curves. That is in the general structure of the land. It is rocky and mountainous, there are basins or cups, some low, some good ground in this for other purposes than oil or minerals or timber or wood. Cup dips from northeast towards south, almost direct and turns to the west forming not a horseshoe but more in the form of an ell ["L"?]. The general trend or lay of this particular property we are giving here is from northeast towards the southwest, that is, along this line would be directly across, that is, New York State property we have given.
As we go towards the south about three quarters New York State property, we find the general line being northeast and southwest, the lower land or brakes going off almost diagonally across this bending only in the northern end, that is, toward the north shore, while the rest as a general trend is bent toward the south. Now the brakes [breaks] are in the lower part of New York State property near the formation of lakes here or large body of water cut off towards the western portion of the property. This is towards the central and southern part of the New York State property. In this formation, in this basin we have a property where we have oil and in sufficient quantity to
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pay. Not that it is of a long or large quantity but the quality and the duration of this, if handled properly, would be excellent.
We also have in this much shale that would be worth while in the same property, that is, the edge of the lake. The lake's general trend is diagonally across, the longest points being almost east and west, the two bulges from either end, northeast and southwest. Now this ravine on this property here extending northeast and southwest would be the better property because it extends now across the line to the Jersey side of some oil property. This has not an exceedingly great depth running something like 720 to 900 ft. Some of it is very hard drilling in this but of excellent gravity. This comes from the animal basis of the paraffin and the shale form animal matter. The production in this should be from 50 to 63 full barrels of oil per day for a number of years. The cost of drilling from ten to $15,000 to produce it above the ground taking care of the production. Above would be of different formation.
4. (Q) [Question not recorded] (A) We find also now farther down, we are tending now towards the western portion of this land you see, we find traces of the oil in this cut-off as it were or draw coming in from the southwest by west. Now we are going from the lower edge up. The shale would be more valuable for the oil producers that we would find here than the drilling of oil. That is, towards the west end. As to the best, and that which would be of value for commercial use, we would say this here we have given would be the only oil property sufficient. In this we would say there would be from ten to twenty wells could be drilled in this vicinity, each bearing sufficient in itself to be paying within itself.
5. (Q) Are there any minerals of any value on this property aside from the shale, Mr. Cayce? (A) Yes, we will say there is quiet [quite] considerable of various kinds of minerals through the eastern portion of the New York State property, that carrying more minerals of different values and different kinds. There is also some found in the Jersey end toward the south and western part of it that would be practically virgin country not having been disturbed as much as northern and western part of the property. Some have been worked in some parts at different times. There is some lead, iron, salica, mica, granite with onyx, sal ammoniac (in its foundation) spar (pockets of this that could be worked quite probably [profitably]. This is a very valuable piece of land.
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6. (Q) Should Mr. Cayce, Mr. Martin and Mr. Pierson go and look this property over Mr. Cayce? (A) Yes. If you find these things here good and can interest sufficient capital for development on it through these channels such as we have given here when they are such that they lend confidence sufficient capital can easily be obtained to handle anything pertaining to this kind of properties if it be given credence. Without credence nothing is done.
7. GKN: Now, Mr. Cayce, you will dismiss this property, etc.