Here is a company that is doing it's business and owns equipment in the United States, but doesn't permit sale of it's stock to US persons???? Strange!
In following up some of the other posters warnings of caution, I found this information on the internet.
-The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
Read more at https://www.stockhouse.com/news/press-releases/2013/11/14/petrichor-closes-3-602-040-non-brokered-private-placement-and-announces#SA0zfUudX8ikdUGp.99
-NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Read more at https://www.stockhouse.com/news/press-releases/2014/05/02/petrichor-intends-to-complete-equity-financing-of-up-to-4-550-000-at-a-premium#6ybTVlzcGpREOGAq.99
-Petrichor Energy Inc is engaged in the acquisition, exploration and development of oil and gas properties. The Company's property, plant and equipment are located in the USA.
They use to say North and South America???
A few times, Texan Oil and Gas was mentioned on this bullboard ?? Some available information;
PALAL MINING CORPORATION (Exact name of registrant as specified in its charter)
NEVADA 88-0435904 (State of other jurisdiction (IRS Employer Identification of incorporation or organization) Number) |
1040 West Georgia
Suite 1160
Vancouver, British Columbia
Canada V6E 4H1
(Address of principal executive offices)
(604) 605-0885
(Registrant's telephone number, including area code)
HOUSTON, May 15, 2002
Palal Mining Corporation (PLLC) announced today, the completion of the Company's name change to TexEn Oil & Gas, Inc. (OTCBB:TXEO) and symbol change. The name and symbol change, which became effective today, more accurately reflects the Company's current business model.
Paul Lemmon, Director, Secretary of TexEn Oil & Gas, Inc. stated," Our intention of a strategic name change is to better reflect the Company's new direction and business. With this process completed we can focus our efforts on expanding our business with the acquisition of proven and producing oil and gas assets."
About TexEn Oil & Gas, Inc.
TexEn is a development stage company to acquire oil and gas properties.
HOUSTON, TX, Aug. 11, 2004 (MARKET WIRE via COMTEX)
Texen Oil and Gas, Inc. (OTC BB: TXEO), a Standard and Poor's listed company, is pleased to announce that the company's President and CEO Michael Sims, conducted an online interview with Mr. Michael Wachs of CEOCast. During the interview, Mr. Sims discusses the company's current drilling program and corporate strategies designed to increase the company's position in today's oil and gas marketplace. To access this interview, visit https://www.ceocast.com. Registration may be required.
About Texen Oil and Gas, Inc.
Texen Oil and Gas, Inc. is a Houston based oil and gas exploration and development (E&D) company. …
HOUSTON, TX, Aug. 03, 2004 (MARKET WIRE via COMTEX)
Texen Oil and Gas, Inc. (OTC BB: TXEO), a Standard & Poor's listed company, is pleased to announce that the company's newly appointed President and CEO, Michael Sims, is featured in an online interview outlining the company's current drilling program and corporate strategies. To access this interview, visit www.PrBroadcast.com and click on CEO Interviews. Registration may be required.
"This is an excellent opportunity for Texen Oil and Gas to communicate its progress and strategies to a larger audience at a time when our industry is hitting all-time highs. It is a compliment to the company to have such a reputable press organization take an interest in Texen Oil and Gas and share our story with their primary target of institutional investors," stated Michael Sims, President and CEO of Texen Oil and Gas, Inc.
As you can see below Petrichor Energy has the same MO, revamping failed enterprises out of Vancouver. | Company | Petrichor Energy Inc.
Formerly known as Odyssey Petroleum Corp., and prior to that, Consolidated Odyssey Exploration Inc. |
| Address | Suite 303, Box 4, 595 Howe Street, Vancouver, BC V6C 2T5 Canada |
I don't know the legal part, but it seems strange that a legitimate company doing this type of business in the USA , would not be registered there or be available to US persons?
Doesn't boost my confidence!