Yes, appears they're not a professional organization when using marketing / telemarketing as a means to attract investors. Yes, they have a company http://www.bbb.org/dallas/business-reviews/oi ... ano-tx-90237385 a website http://www.northamericandrillingcorp.com/ and http://whois.domaintools.com/northamericandrillingcorp.com
After being in employed at North American Drilling for almost three years and drinking the Kool Aid and raising money for there well projects stay away from this company it is the most fraudulent company there is. After being terminated for sending customers that were lied to back to the sales men that lied to them at there new locations with full disclosure to the CEO this is what I was doing I was fired. I was fired for it because I was just not going to be cussed and taunted 24-7 even on Christmas by customers who were lied to by other sales people for a company that is scamming the hell out of them. I am now fighting back for wages and to put Gayle Wimberly the Comptroller of the Company in jail where she belongs and Larry Koonce in Jail were he belongs. If you have invested in the Wells from Brown 1A all the way through the Brown 1 comes out to be the past 4 wells your well will never be completed they have spent your money and have no money to complete it. There has been 8 months since the last well the Brazelton 2A well was drilled and completion was taken in and it still does not have completion equipment or money to purchase these items. I mean they can shoot back at me and say disgruntled employee all day long but if that is the case then why are you not completing the wells. You dont have to believe me at all but ask yourself this if all these wells hit oil would you not want to be out there completing them. The truth is Larry Koonce and Gayle Wimberly have spent your money from everything high dollar Vacuum cleaners to thousands of dollars of Tiddy bar tabs put under phony Itemization codes on accounting spread sheets. I am doing what I can through the proper channels to get the money they disputed and did not pay me even though they were in my office everyday pleading for me to raise more money because they needed payroll. I hate to say that there broke and I have not said anything hoping they would complete the wells because of the people I personally know that I intrusted to this company and invested in these wells but seeing what they have done to me and the time that has passed there is no money left its gone and its a Ponze scheme start a new project raise money hope you get enough to do go back and finish one well or just pay the payroll. Dont be fooled these people will get what is coming to them they belong in one place and that is jail.
The posting above by "ex employee" is totally false, malicious slander, libelous, and we are pursuing legal action against the author of the posting, Marshall Craig. Mr. Craig was fired from NADC because we actually caught him stealing from the company and we are pursuing criminal charges against him for theft of company property. NADC will also be pursuing legal action in civil court against Mr. Craig for his slanderous remarks posted here and elsewhere on the internet. All of the wells Mr. Craig mentions, except for the Brown 1 which is drilling soon, have been drilled and completed. North American Drilling Corp is a licensed operator in the state of Texas and is actively involved in drilling oil and gas wells, we are a legitimate company, not a scam or "ponze scheme" as the illiterate Mr. Craig has stated. We do not own an expensive vacuum cleaner, nor have we been to any "Tiddy" bars, whatever that is, must be a very neat and clean place though. No, the only person probably going to jail, sadly, is Mr. Craig. Maybe while he's in there, he can read a dictionary and learn how to spell words correctly.....
I have been involved in several wells with this company, some have hit and some are being worked on. I do receive revenue checks and I have never had any problems with them. They need better communication, but I know for a fact that they do drill and complete oil wells, I have been to several well sites and seen for myself. I think the "ex employee" posting is completely ridiculous and should be removed from this site.
That has happened to me before also, so I just got put on the national "do not call listing". Its easy to do, look it up on the net, then you won't have any more calls from any company. However, I did get to talk to one of the people from this company and they operate and drill oil and gas wells. I have done my research and they are legitimate, licensed, and drill mainly in Texas.
Peter, I have invested with NADC and they are NOT a scam, they are a licensed operator and they DO drill wells. Kind of funny how you chose not to post the link to the RECSISSION ORDER where the company complied with the state and the order was then retracted.... -ANY company that makes the proper filings with the states in which they do business will eventually get hit with an ADMINISTRATIVE cease and desist order. Most, if not all investment companies have hundreds of these orders, they are merely administrative orders that get rescinded after the company complies with whatever state rules they MAY HAVE not followed completely or missed the deadline for filing. It is part of doing business in the investment realm, look into it.....