The U.S. Securities and Exchange Commission (SEC) has reached a settlement agreement with Breitling Energy Corp. CEO Chris Faulkner, who was charged two years ago with defrauding investors in an $80 million oil and gas scheme.
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SEC Charges ‘Frack Master’ For $80 Million Oil and Gas Fraud
The U.S. Securities and Exchange Commission (SEC) charged four companies and eight individuals, including Breitling Energy Corp. CEO Chris Faulkner, with defrauding investors in an $80 million oil and gas scheme.
Tribes Interested in Building Gas Processing Plant in Bakken
The Three Affiliated Tribes of the Fort Berthold Reservation in western North Dakota are considering building a natural gas processing plant, a facility that would complement an oil refinery slated to begin construction in the spring.
Pennsylvania Governor Fires DCNR Secretary Over Email
Pennsylvania Gov. Tom Corbett fired Department of Conservation and Natural Resources (DCNR) Secretary Richard Allan on Thursday after he reportedly used offensive language in email messages, disparaging another government employee.