June 23, 2015-Austin, Texas John Morgan, Texas Securities Commissioner, entered a Cease and Desist Order against Petro-San Resources LLC and Sean Patrick Riley of San Antonio, Texas, alleging that they…
read moreJune 18, 2015 The Securities and Exchange Commission (SEC) filed an action charging Norstra Energy, based in Southlake, Texas and its CEO Glen Landry with defrauding investors about reserve estimates…
read moreJune 15,2015, Cushing & Royalty Income Fund (SRF) which traded at $25 in February 2012 currently trades at less than $5. It is a leveraged fund which invests in oil…
read moreJune 3, 2015-Austin, Texas WIlliam Allen Risinger, of Round Rock, Texas, was indicted May 19, 2015 on allegations that between 2010-2014 , through his company RHM Exploration, he promoted and sold…
read moreJune 8, 2015-San Antonio, Texas Primera Energy filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Western District of Texas. The filing came a day following…
read moreJune 2, 2015 The San Antonio Express News reports that a judge will appoint a receiver to take control of Brian Alfaro‘s oil and gas businesses which involve oil and…
read moreJune 1, 2015-Houston, Texas Brian J. Polito of Allen, Texas, pled guilty to mail fraud in connection with the sale of interests in 12 wells owned by EOG Resources, Inc.…
read moreJune 1, 2015 Henry Irving Ramer was found guilty by a federal jury of operating a multi-mllion dollar investment scheme in which over 200 investors nationwide lost all or nearly…
read moreJune 1 , 2015-Murphy, Texas The Securities and Exchange Commission sued Sameer Praveen Sethi and his company Sethi Petroleum alleging that since January 2014, Sethi and his company raise $4…
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