George J. Greene 1955
“If there is anything down there, we’ll find it.” - George Greene
George Greene, a Petroleum Engineer from Corpus Christi, Texas, representing a consortium of five Texas Oil Companies, spent the fall of 1955 drilling four boreholes on Oak Island. These test holes were arranged in a straight line, at distances of two, six, ten, and fourteen feet out from the North wall of the Chappell Shaft (Shaft # 21). It is remarkable to note that, in the first three holes, Greene discovered Oak timbers every ten feet in his core samples, all the way down to the 100 foot level, which parallels the Money Pit’s Discovery Story. Did this cigar smoking Texan successfully relocate the fabled Money Pit? His fourth hole, at a depth of 100 feet, encountered Oak timber eight inches thick, a void of ten feet, and eight more inches of oak timber, under which was a massive void of forty-five feet in depth. Greene tried filling the void with 100,000 gallons of water, but it all ran away somewhere. Greene had a historic connection to Oak Island as well. He was the nephew of John W. Shields, who was one of the partners of Franklin Delano Roosevelt, during FDR’s unsuccessful 1909 treasure recovery attempt on the island. Greene serves as another example of how the Oak Island Treasure hunt has drawn generations of treasure hunters from within the same families. Like FDR, who went on to become the 32nd President of the United States, Greene also believed that the treasure was most likely the missing Crown Jewels of France.
“If there’s anything in the Money Pit, it’s probably the very valuable crown jewels of France, and gold from the French Treasury. These were taken by King Louis XVI and Marie Antoinette, when they fled Paris during the revolution. They have never been recovered. A great French engineer, who was the lover of Marie Antoinette, came to this country and built the fort at Louisburg. He may have brought the jewels and gold with him and buried them deep in Oak Island!”
George Greene intended to return to the island in the spring of 1956 and drill 30 inch access holes similar to what Dan Blankenship eventually did with his 27 inch borehole into 10X. Unfortunately, he never made it back to the island, leaving the tantalizing possibility that he had relocated the lost original Money Pit unanswered.
Contributor: Doug Crowell
George Greene, a Petroleum Engineer from Corpus Christi, Texas, representing a consortium of five Texas Oil Companies, spent the fall of 1955 drilling four boreholes on Oak Island. These test holes were arranged in a straight line, at distances of two, six, ten, and fourteen feet out from the North wall of the Chappell Shaft (Shaft # 21). It is remarkable to note that, in the first three holes, Greene discovered Oak timbers every ten feet in his core samples, all the way down to the 100 foot level, which parallels the Money Pit’s Discovery Story. Did this cigar smoking Texan successfully relocate the fabled Money Pit? His fourth hole, at a depth of 100 feet, encountered Oak timber eight inches thick, a void of ten feet, and eight more inches of oak timber, under which was a massive void of forty-five feet in depth. Greene tried filling the void with 100,000 gallons of water, but it all ran away somewhere. Greene had a historic connection to Oak Island as well. He was the nephew of John W. Shields, who was one of the partners of Franklin Delano Roosevelt, during FDR’s unsuccessful 1909 treasure recovery attempt on the island. Greene serves as another example of how the Oak Island Treasure hunt has drawn generations of treasure hunters from within the same families. Like FDR, who went on to become the 32nd President of the United States, Greene also believed that the treasure was most likely the missing Crown Jewels of France.
“If there’s anything in the Money Pit, it’s probably the very valuable crown jewels of France, and gold from the French Treasury. These were taken by King Louis XVI and Marie Antoinette, when they fled Paris during the revolution. They have never been recovered. A great French engineer, who was the lover of Marie Antoinette, came to this country and built the fort at Louisburg. He may have brought the jewels and gold with him and buried them deep in Oak Island!”
George Greene intended to return to the island in the spring of 1956 and drill 30 inch access holes similar to what Dan Blankenship eventually did with his 27 inch borehole into 10X. Unfortunately, he never made it back to the island, leaving the tantalizing possibility that he had relocated the lost original Money Pit unanswered.
Contributor: Doug Crowell
Event Number: 18
Contributor: Paul Troutman
Oak Island Company Name, Group, or Individuals: George Green
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Oak Island Leased by:
Years Active on Oak Island From 1955 to 1955
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Contributor: Paul Troutman
Oak Island Company Name, Group, or Individuals: George Green
Also Know By:
Company Formation date and location:
Initial Company Shares per Price:
Oak Island Leased by:
Years Active on Oak Island From 1955 to 1955
Deaths as a result on Oak Island:
Names of Company Members (location extra):
Summary Major Key s Activity, Year By Year: