We have got
116
reports against 9725260680
The majority indicated that it is a Other

Who called from 9725260680

96
If your considering investing with Larry C and North American Drilling Corp of Plano TX (NADC) , here is some information you need to know before you consider investing with them.

Over the past two years they have drilled  three wells and none of them are producing.  All they do is keep asking for additional money for drilling into new zones. The past two wells which were supposed to be potentially large volume oil producers of greater than 75 barrels per day but so far can only producing  5 barrels a day . Rather than just making some money back for their investors and pump on the 5 barrels a day they can get, they would rather stop production and ask for more money to try another zone. NADC is a small fly by night company who got their start by buying up a bankrupted drilling lease. They do not own their own drilling equipment, their costs are very high compared to other drillers in the area. They have a high turnover in their sales department. The only ones making any money is Larry and NADC. BTW… I am not a disgruntled employee just a NADC investor who was suckered in to investing with them (Twice !!!) I would suggest not investing with these clowns.
Latest comments
97
SH
Agreed, NADC sells a good pitch in the beginning but can not delivery. I have 2 wells and both have been required to send in more money for drilling different zones.  They ask for more money but never provide a detail list of the cost, just "we need $106,000.00 from members".

Cut your loss and do not send anymore money.
Latest comments
98
need info
what is name of law firm handling class action against l koonce/nadc?
Latest comments
99
whats the scoop
where are the wells updates located ?  why are we always having to sit around waiting for info ??  is this a legitimate operation?
Latest comments
100
Texas Oil
Larry, what is the deal with Brazelton 2A ?   You've had my funds for 3 , THREE, months now, to complete well into Caddo formation. The original, previous formation Ellenberger was completed..and bam!!  I was told Congratulations!!!  So what was the purpose of that word??  You tell us investors exactly what you are doing with investors money? how much are you pocketing from us?? whats is up with all the delays? excuses ? and lies ?    We are tired of putting up with your crap every day and every night !  C'mon..,  Put up !  Chop Chop ASAP
Latest comments
(972) 526-0680  +1 972-526-0680  9725260680  +19725260680