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Montego Minerals Closes Fourth Investment Fund

Montego Minerals, an investor in oil and gas royalties and mineral rights in the Permian Basin of the Unites States, has closed its fourth...

SEC Bars Former Broker for Oil and Gas Ponzi Scheme

The Securities and Exchange Commission has barred former broker, Rodney Pope, for his role in a Ponzi scheme while serving as chief executive officer...

Resource Royalty Hires National and Institutional Sales Senior Vice Presidents

Resource Royalty, a sponsor of oil and gas-focused 1031 exchange offerings, has hired Mike Faciana as senior vice president and national sales manager, and...

Sponsored: U.S. Energy Launches Oil & Gas Opportunity Zone Fund and...

U.S. Energy Development Corporation, a sponsor of direct-ownership oil and gas investments, has launched its 2019 A and B Drilling Fund LP.  This year’s...

SEC Charges Two Oil and Gas Execs with Defrauding Retail Investors

The Securities and Exchange Commission has charged Pennsylvania resident William Milles and Canadian resident Donald Lutzko with running an oil and gas offering fraud...

Western Capital CEO Sentenced to 18 Years for Defrauding O&G Investors

Daniel Christopher Walsh, a Galveston oilman was sentenced to 18 years in state prison after reaching a plea agreement in his fraud trial in...

Texas Regulators Issue Cease and Desist Against Texas Oilman Promising 70%...

The Texas State Securities Board has entered an emergency cease and desist order to stop the ongoing fundraising efforts of Michael E. Patman, the...

SEC Charges President of Oil and Gas Company for Misusing Retail...

The Securities and Exchange Commission has charged Mark A. Plummer for misappropriating investor funds raised through Texas E&P Partners, Inc., his oil and gas...

U.S. Energy Invests in $49 Million Development in the Powder River...

U.S. Energy Development Corporation, a sponsor of direct-ownership oil and gas investments, has invested in a 9-well, $49 million development oil development project in...

Great Lakes Fund Solutions Expands Management Team

Great Lakes Fund Solutions Inc., a registered transfer agent and investor services outsourcing company, has hired Gabriela Maganlal as financial and product management officer...