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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 Adds 15 Oil Wells in Stack Region of Oklahoma...

Resource Royalty LLC and its affiliated portfolio company, Meramec Rich Royalties LLC, added 15 new wells to their portfolio during the third quarter of...

NFL Legend Roger Staubach to Keynote ADISA’s 2019 Annual Conference &...

The Alternative & Direct Investment Securities Association (ADISA), a trade association representing the non-traded alternative and direct investment space, announced that National Football League...

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...