Authorities Investigating Fraudulent Oil and Gas Leases

 

MIDLAND, TX -- The Midland Police Department confirmed it is investigating the National Royalty Group for possible fraud involving oil and gas leases.

According to the company, they were "established in 2000 to provide a liquid market for the purchase and sale of royalty interests in producing oil and gas properties."

According to MPD, the Financial Crimes Unit looking into "criminal wrongdoing in connection with claims of fraud that have been alleged against NRG."

Law enforcement is asking anyone who has invested money with NRG for undervalued oil and gas leases to contact MPD Sergeant Ray Flores at (432) 685-7175.

Subscribe to the LIVE! Daily

The LIVE! Daily is the "newspaper to your email" for San Angelo. Each content-packed edition has weather, the popular Top of the Email opinion and rumor mill column, news around the state of Texas, news around west Texas, the latest news stories from San Angelo LIVE!, events, and the most recent obituaries. The bottom of the email contains the most recent rants and comments. The LIVE! daily is emailed 5 days per week. On Sundays, subscribers receive the West Texas Real Estate LIVE! email.

Required

Most Recent Videos

Post a comment to this article here: