Response by Admin of Hew-Tex Oil & Gas Corporation:
Hew-Tex Oil & Gas Corporation is the Venture Manager for many successful oil and gas joint ventures. After expending its funds for leases and structuring a particular joint venture, the company contacts its existing client base and other accredited individual investors to fund its programs. If an individual is not interested or tells us to “get lost,” it would not make good business sense to waste time and money re-contacting that individual. Jim’s contact information would have been removed from our database.
This is Hew Tex Oil & Gas Corporation. They called me on 1/7/2012 and I recieved their memorandum on 1/10/2012. However, the memorandum expired on 12/31/2011, making it impossible to sell to me or anyone else after 12/31/2011.
When the telemmarketer called on 1/12/2012, I informed him of the fact. He said Peter Hewett would call me. Mr. Hewett called and said he could do anything he wants. He then preceded to swear at me. When I said I was sending the information to the Attorney General, he said, "Go ahead, he is a friend of mine."
Response by Admin of Hew-Tex Oil & Gas Corporation:
On 1/7/2012, this individual was sent a Confidential Private Placement Memorandum with an offering termination date of 12/31/2011. The exact verbiage in the offering was as follows:
“The Offering will terminate on a date when subscriptions for fifteen and one-half (15.5) units have been received and accepted by the Venture Manager or December 31, 2011, unless such date is extended by the Venture Manager to a date not later than January 31, 2012.”
When Mr. Hewett pointed this out to the individual, he became irate and indicated that he felt we were doing something that was not allowed. The fact is, the Venture Manager always has the right to extend the offering with the only requirement being that previous subscribers be notified.
Hew-Tex Oil Gas Corporation
These guys are looking for oil investors
If they are making so much money and are so successful they should invest their own money
For some reason they will not stop calling meno matter how many times I tell them to get lost
Response by Admin of Hew-Tex Oil & Gas Corporation:
Hew-Tex Oil & Gas Corporation is the Venture Manager for many successful oil and gas joint ventures. After expending its funds for leases and structuring a particular joint venture, the company contacts its existing client base and other accredited individual investors to fund its programs. If an individual is not interested or tells us to “get lost,” it would not make good business sense to waste time and money re-contacting that individual. Jim’s contact information would have been removed from our database.
oil and gas drilling scams are alive and well in Texas. Larry Koonce aka North American Drilling Corporation sells interests in projects but never completes them and/or drills dry holes. Do not invest! Do not invest!