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Report: #1215335

Complaint Review: Earth Energy Exploration - New Albany Indiana

  • Submitted:
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  • Reported By: Wayne — Renton Washington USA
  • Author Confirmed What's this?
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  • Earth Energy Exploration 1829 E Spring St, Suite 103 New Albany, Indiana USA

Earth Energy Exploration Stolen IRA Investment Funds New Albany Indiana

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I invested in an oil well drilling and production project partnership with Earth Energy Exploration in 2009, originally purchasing a 1/2 unit for $13,400, as I recall, which I rolled into an IRA, in a 5-well project under the name Earth Energy LT-5, LLP.

They had 4 of the 5 wells drilled and were producing, and offered to sell me 1 1/2 units for the price of 1 unit, $29,450 via a company incentive.
I was unable to come up with the monies needed for the extra unit purchase and the IRA set stagnant until Jan of 2015. In Jan 2015, an Earth Energy Exploration agent cleared out the account and ran off.

Two years ago, Earth Energy Exploration had a website, but none of the phone numbers listed were active.

This report was posted on Ripoff Report on 03/12/2015 03:16 PM and is a permanent record located here: https://www.ripoffreport.com/reports/earth-energy-exploration/new-albany-indiana-47150/earth-energy-exploration-stolen-ira-investment-funds-new-albany-indiana-1215335. 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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