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Report: #1489571

Complaint Review: Texas Shallow Oil & Gas LLC - Graham texas

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  • Reported By: Jonathan — Pomfret Center Connecticut United States
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  • Texas Shallow Oil & Gas LLC p.o. box 161 Graham, texas United States

Texas Shallow Oil & Gas LLC Wayne Wooldridge Kenneth W. Wooldridge I sent in $2,200 for a $2,500 for 1% Working interest in an oil project and was suppose send the rest, but could not contact him for several months. Graham texas

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Texas Shallow Oil & Gas LLC

I contacted Wayne Wooldridge owner of Texas Shallow Oil & Gas LLC through Dealstream.com, which I've been a member for years and have seen his posts in the past. I did do a little back ground check online and check the ripoffreport.com, but nothing appeared.  With his oil credentials and website, I thought it was safe to invest with him.

I wanted to invest 2,000 for 2% WI, he said wasn’t available. He said “I can get you in another one for $2,500”. (this was a phone conversation). Text message from Wayne:  Jonathan, I’ve done some research which is best lease to put you on.  I have a lease that still has a few percent. I can sell. Making 3 bbls day as we speak.  Calling in load of oil Monday. 

You would receive first check next month around 28th.  Cost of this project $2,500 per 1%.  How close can you get to this cost to buy 1% and receive first payment next month (June), Just offering Thanks Wayne.  Next text message from Wayne:  I’ll make it right for you to invest.  We can work something out.  Best project I have for best returns.  With all the rain, we’re behind three locations six months. Mother nature. 

Text message from me: I said, “I don’t know if I can get another $500, if I do it would be a month or two. I said “what is the project name for the 1% for $2,500?  He said OR Carpenter Lease Rework I can put your u in $2,500. You make up the $500.00 as you can. I have trust. Getting first check end of June. Pretty good bonus. Thanks. I said “ok, sounds good. Did you send the paperwork? I will now lol Just making sure.

The assignment/contract was sent by email.  It had a lot of grammar mistakes and wasn’t accurate.  I had to correct it in google document, which took like 20 minutes of my time.  I sent Wayne Wooldridge $2,200 by wire on 6/7/19 and mailed the notarized paperwork, owing him $300, which I said, I’ll send by mail in a month or two.

I texted him three times, no reply. So, I waited a month or two and still no reply back.  Only when I emailed him, saying this is a scam, he emailed back and said no.  I said to him I lost confidence in him and his project. Please send my $2,200 back, because I wasn’t going to send the remainder of $300, when I lost contact with him. If he was an honest man or business person, he would of return my money, because neither one of us full filled the contract.

I went to the Better business Bureau with my complaint. Wayne Wooldridge of Texas shallow oil & gas ignored them.  The following is there report to me:

Better Business Bureau

Complaint case # 91506833

Business Name:  Texas Shallow Oil & Gas LLC

Ref#66-91037601-91506833-8-500

Monday, November 25, 2019

*Case has been closed as “unanswered” in our files*

 

Dispute Resolution department

BBB Serving North Central Texas

1601 Elm Street, Ste 1600

Dallas, Tx 75201

T: (214) 740-0349

F: (214) 740-0326

This report was posted on Ripoff Report on 12/26/2019 05:04 PM and is a permanent record located here: https://www.ripoffreport.com/report/texas-shallow-oil-gas-llc/graham-wayne-wooldridge-w-i-1489571. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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