A gentleman who has just returned from the oil region, informs us that on Friday evening last, the men engaged in boring one of the Economite wells at Tidioute. Struck at the depth of 98 feet a vein of oil and gas, so powerful that it was thrown up some 70 feet above the surface. Such an extraordinary flow of oil was never before seen in the Tidioute region, so fruitful of surprises of this character. Not more than one-third of it was secured, yet up to Wednesday morning, 149 barrels had been taken up, while the vat, capable of holding 250 barrels, was one-third filled. Altogether, some 232 barrels were secured, and the flow still continues.

– Pittsburgh Chronicle