It was found in the Jeffersonville Limestone of Clark County, Indiana USA. It dates to the Devonian Period.
This species is also attributed to Gerard Troost (1776-1850) who identified it as Pentremites verneuili in 1841 in the 6th Report Geological State Tennessee on page 14. He later published two more mentions in 1849 and 1850 as Olivanites verneuili and Olivanites verneuili.[Source]