Matières premières : Le mea culpa d un gérant de fonds pétrolier texan qui a tout perdu zonebourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zonebourse.com Daily Mail and Mail on Sunday newspapers.
EnergyEXCLUSIVE Texas energy fund shuts, founder says millions squandered
Shariq Khan
4 minutes read
The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus Mordant
The founder of a Texas oil and gas investment firm that raised about $31 million shut the business this month and acknowledged in a Reuters interview that he had squandered investors cash on bad and non-arm s-length deals.
Christopher Bentley, who founded Bellatorum Resources LLC in 2016 and raised funds from about 150 wealthy individuals, closed its doors on April 9 and contacted U.S. prosecutors. His firm bought mineral rights in Texas shale fields, betting on appreciation as oil and gas drilling rose.
By Syndicated Content
By Shariq Khan
(Reuters) - The founder of a Texas oil and gas investment firm that raised about $31 million shut the business this month and acknowledged in a Reuters interview that he had squandered investors cash on bad and non-arm s-length deals.
Christopher Bentley, who founded Bellatorum Resources LLC in 2016 and raised funds from about 150 wealthy individuals, closed its doors on April 9 and contacted U.S. prosecutors. His firm bought mineral rights in Texas shale fields, betting on appreciation as oil and gas drilling rose.
The Federal Bureau of Investigation and Department of Justice are reviewing the company s records, Bentley said in the interview on Tuesday. Bentley has not been charged.
Cannabis Extraction Industry Catches a Much Needed Break
Midwest Renewable Energy and Ceres 14 Inc. announce a collaboration to provide high quality extraction chemicals called SIMPLE SOLVENTS.
News provided by
Share this article
Share this article
SUTHERLAND, Neb., April 22, 2021 /PRNewswire/ Complex Chemicals. Simple Solutions. That s the motto of Simple Solvents.
The chemical industry was thrown into chaos during the COVID-19 pandemic. With quality alcohol being allocated towards sanitizer/antiseptic/disinfectant products, it caused a gold rush of brokers trying to monetize the opportunity, leaving hemp and cannabis companies with the all too familiar feeling of being ignored or underserved with a flood of inferior product.
Finansista stracił pieniądze 150 osób „Roztrwoniłem je - Finanse rp.pl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rp.pl Daily Mail and Mail on Sunday newspapers.