Mar 7, 2014
This same number and same company called asking for a president by name that retired 15 yrs ago. Different person. Better manners this time than some of the prior posts. They apparently were cold calling off of a very old list. They have a website and they do appear to be legitimately drilling new wells and operating existing wells in TX. I also found court records showing they are real. But they have many complaints on this website, which is not what one would expect from a respectable company. I'm involved in the industry and know how much revenue is surging from frack wells today. Their cold call suggests they must not be a very successful operator, if they need to cold call to raise investment capital, in a business environment that has surging profits. If they were successful, wouldn't it be reasonable that their current investors would be telling others, or their current investors would be reinvesting their prior profits on new wells. Why give up your seat if the ride is already great? Also, who would put money into a company that pisses off so many people by rude telemarketing practices? I can't say if they are good or bad, but there sure are warning flags.