Cases / Energy & alternative assets
Aspen Exploration Inc
William Anthony Rand (aka Tony Rand), Gregory Keith Rand, Mark Albert Rand, Joel William Peterson (aka Joel William Petersen)
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Aspen Exploration Inc
- Industry
- Oil and gas well programs (Rancho Blanco State #6 and #7 joint ventures)
- How investors were recruited
- Oil and gas well programs were offered and sold to investors throughout the U.S. and elsewhere.
- Pitch & red flags
- Told investors funds would be used to drill RB6 and RB7 and that RB7 would be completed "at no additional cost to investors"; said funds would not be commingled and there were no material legal proceedings.
Pitch phrases from this case
Source
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