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Securities division issues cease-and-desist order

An Indiana company has been ordered to stop selling securities in Colorado for gas wells in Texas, Louisiana and Michigan. Earth Energy Developments from Jeffersonville, Ind., its former manager Jason Towe of Bowling Green, Ken.; and three of its salespeople have been issued a final cease-and-desist order from the Colorado Securities Commission. The three salespeople… Continue Reading Securities division issues cease-and-desist order

The Colorado Securities Commission¬†sanctioned Consolidated Energy Partners Inc. of Pennsylvania for violating the securities registration provisions of the Colorado Securities Act. The company, it’s president, Jon V. Malis, and Timothy D. Coleman were cited by the division for attempting to sell investments in an oil and gas related venture in its Lehmann Drilling Program in… Continue Reading Colo. securities division sanctions Penn. oil company

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