Texas State Securities Board: Oil Company Pays $20,000 Fine, Will Make $1.5 Million Refund Offer to Investors
February 22, 2020
February 22, 2020
AUSTIN, Texas, Feb. 22 -- The Texas State Securities Board issued the following news release:
Woodland Resources LLC, the oil and gas company once led by a Fort Worth oilman with a history of regulatory sanctions and running companies into bankruptcy, paid a $20,000 fine to the state and will offer to refund $1.49 million to investors in two of its drilling projects.
Under the terms of an Agreed Order and Undertaking entered by Texas Securities Commissioner Travis J. I . . .
Woodland Resources LLC, the oil and gas company once led by a Fort Worth oilman with a history of regulatory sanctions and running companies into bankruptcy, paid a $20,000 fine to the state and will offer to refund $1.49 million to investors in two of its drilling projects.
Under the terms of an Agreed Order and Undertaking entered by Texas Securities Commissioner Travis J. I . . .