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Search Results: oil and gas
Results 40-50 of about 79
Date: October 4, 2016
The Commission claims that Sethi raised over $4M in a little over a year for the oil venture with the promise of 20 gas and oil wells. 90 investors in nearly 30 states were promised 62.5% net working interest on ...
Date: June 23, 2016
(BECC), Breitling Oil & Gas Corporation, Patriot Energy Inc., Crude Energy, LLC, and eight people over an $80M Texas oil and Gas scam run by a Dallas man.
Date: May 11, 2016
SeekingAlpha.com reports that the Oklahoma-based oil and natural gas company is doing so poorly that it could file for Chapter 11 bankruptcy by early next month. According to Reuters , the company is talking to creditors about a possible debt ...
Date: May 10, 2016
Texas Oil and Gas Ponzi Scam Leads to 13-Year Prison Term The owner of RHM Exploration has been sentenced to over 13 years months behind bars for a Texas oil and gas Ponzi scam that raised about $4.5M from investors. ...
Date: April 20, 2016
Stifel Nicolaus (SF) also lowered shares of the oil and gas company from a hold rating to a sell one in February. In March, Robert Baird lowered its target price on Linn Energy shares and established a neutral rating for ...
Date: February 22, 2016
The latter is a result of declining oil prices, market volatility, regulator pressure, low interest rates, and other issues. Crude oil dropping to about $32/barrel has not helped. According to Forbes , previously, the bank had set aside $815M to ...
Date: February 10, 2016
U.S. natural gas driller Chesapeake Energy Corp. (CYC) has been halting investor payouts and cutting jobs to keep its cash flow from drying up. Now, with its shares dropping 51% following reports by Debtwire that the company has hired restructuring ...
Date: January 23, 2016
The Texas lawyer is facing civil charges accusing him of defrauding investors in two securities offerings, including a fracking water filtration deal and an oil and gas exploration venture. Now, the SEC wants Jones to pay a $2.5M civil penalty, ...
Date: April 24, 2015
Rice III founded Rice Energy, an oil and natural gas company, he was also managing energy-focused funds and separately managed accounts at the firm. Also, he’d invested $50M in Rice Energy and was general partner.
Date: April 18, 2015
The oil and gas company and Daro Ray Blankenship, its president and founder, allegedly defrauded at least 60 investors located in different states of about $4.4 million.
