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{"id":8052,"date":"2011-08-31T17:43:39","date_gmt":"2011-08-31T17:43:39","guid":{"rendered":"http:\/\/www.seonewswire.net\/?p=8052"},"modified":"2011-08-30T17:50:31","modified_gmt":"2011-08-30T17:50:31","slug":"recent-texas-oil-and-gas-lawsuit-alleges-misrepresentation-and-negligence","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2011\/08\/recent-texas-oil-and-gas-lawsuit-alleges-misrepresentation-and-negligence\/","title":{"rendered":"Recent Texas Oil and Gas Lawsuit Alleges Misrepresentation and Negligence"},"content":{"rendered":"

A recent Texas oil and gas lawsuit involves claims that relate to a well that turned out to be a dry hole. Fort Apache Energy, Inc. filed a suit in July in the Harris County District Court against Ventum Energy, LP, Old World Management, Inc., Ventum Management Inc., William Bippus, and Mitchell Veh. Fort Apache says that in early 2009, it was approached by Ventum and its agents to invest in the Ramerio Creek Prospect, an oil and gas drilling venture in Live Oak County. <\/p>\n

Veh and Bippus were reported to be responsible for the engineering, geological, and geophysical work on Ramerio. They allegedly made the Ramerio Prospect seem like a viable well, a lucrative project, and enticed Fort Apache to spend $200,000 on Ventum\u2019s professional services. As more work ensued, Ventum explored Ramerio with a test well, the Sjolander #1 Well, that turned out to have no oil and only (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A recent Texas oil and gas lawsuit involves claims that relate to a well that turned out to be a dry hole. Fort Apache Energy, Inc. filed a suit in July in the Harris County District Court against Ventum Energy,…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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