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HEI wins court battle; state plans appeal

Colorado Securities Commissioner Fred Joseph will appeal a court decision rendered last month in favor of a Colorado Springs company. The Colorado Court of Appeals will hear the case, which pits the state against oil and gas developer Reed Cagle, HEI Resources Inc. and Heartland Energy Development Corp. Last month, after a seven-day trial, District… Continue Reading HEI wins court battle; state plans appeal

A Texas oil and gas company has been given a cease and desist order for allegedly violating securities registration and licensing provisions of the Colorado Securities Act in connection with the offer of securities in and from Colorado. The Mieka Corp.,  of Dallas, its managing director, Daro Blankenship, and Stephen Romo, one of Mieka’s sales… Continue Reading Texas oil company ordered to stop selling securities in Colo.

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