InvestorsHub Logo
Followers 0
Posts 248
Boards Moderated 0
Alias Born 06/30/2015

Re: reaper247 post# 4078

Monday, 06/20/2016 11:39:17 AM

Monday, June 20, 2016 11:39:17 AM

Post# of 4188
As I mentioned in another post, Southwestern had a primary business address in Bedford, TX. Whitepages.com suggests that that same address was once that of Christopher Faulkner.
In other words, it looks like CF came up with the idea of buying his own company and issuing a press release talking about the deal they negotiated.
Among other things, I do not think this is true:

The purchase includes all Southwest Energy Exploration property, equipment and leases of developable land in Oklahoma and Texas. Management, which has over 30 years of experience in the industry, is contracted to remain with the business for a minimum of five years. Southwest Energy Exploration was started in 2004 and remains a local leader in oil and natural gas exploration within the State of Oklahoma.


Now, Joe Simo likely has 30 years experience, but I seriously doubt he contracted with Breitling Oil and Gas or anyone else to remain for five years as management of Southwest. What would be the point? I also doubt Southwest was a local leader in oil and gas exploration.
Bottom line is that it is my opinion that CF’s persona of international oilman and “The Frackmaster” is a fabrication and no one bothered to even ask him about the inconsistencies, not the Dallas Morning News, not the Wall Street Journal, and not the Dallas Observer. If I am wrong, it would seem it would be easy to correct my misconception, and I would hope someone would.
I also do not think CF had any influence whatsoever in frac’ing thousands of wells and, really, I doubt he had an interest of any sort in thousands of frac’ed wells. I cannot prove that, but surely his story strains the credulity of any thinking person. Again, it should be easy to prove my opinion and doubts wrong.

BTW, CF signed the application for Reinstatement of Southwest on 11/09/2009. These applications must be signed by a manager.

OK, recap. I said CF had been in the oil business for ten years and that Breitling had been around for six or eight years. Would someone like to tell me again how I was wrong, because I still don't see it.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.