OIL AND GAS FRAUD:

Investors should be careful if approached by phone calls (cold call from boiler room operation) that make any of the following statements:

1. This well will out last you a life time.

2. We only have one unit left and will make you a special price.

3. We never had a dry hole.

4. There is very little risk in this well; for it is a step-out well (development well) in a large field already producing wells.

5. Big reserves are on the lease next to us.

6. We are taking a bigger piece on this one our self.

7. A guarantee of some kind of return.

8. This is a NO risk deal.

9. New type of siemic is showing huge reserves on this lease.

10. Got a great farm-out lease that has current production.

11. Bought a well that the lease comes with it and has 6 drill sites and you can't drill a dry hole.

12. You and two other persons will be the only one partnering with us on this deal. It's that good!

Talk personally with the company people in charge, if not the owner.

Oil and gas can be profitable if the oil company is honest and does it's homework.