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 scamion.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*
Stay AWAY from this guy and his company false promises. I lost money investing with him. He claims to be operating oil and gas leases and all you ever get from this guy is nothing but a run around if that. Good luck trying to get him to answer your calls. The day your looking to invest no problem he is in contact with you onspot but when its about recieving payment or dividends theres ALWAYS an excuse.
My doggy died, I was out of town, I have been busy with other projects, Ect. I am writing this review to give a fair warning to any potential investors STAY away! I also might not be the only person submitting a report on this company. This man also has a criminal background he has been charged with aggrevated assault and was indicted on theft of money between $1k<$20k. I also believe that another company called Tex Oil Company is involved with Wayne no idea if they are another set of fraudsters or not.
Texas Shallow Oil & Gas Reviews
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 scamion.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
Stay AWAY from this guy and his company false promises. I lost money investing with him. He claims to be operating oil and gas leases and all you ever get from this guy is nothing but a run around if that. Good luck trying to get him to answer your calls. The day your looking to invest no problem he is in contact with you onspot but when its about recieving payment or dividends theres ALWAYS an excuse.
My doggy died, I was out of town, I have been busy with other projects, Ect. I am writing this review to give a fair warning to any potential investors STAY away! I also might not be the only person submitting a report on this company. This man also has a criminal background he has been charged with aggrevated assault and was indicted on theft of money between $1k<$20k. I also believe that another company called Tex Oil Company is involved with Wayne no idea if they are another set of fraudsters or not.