GulfTex Operating, Tbx Resources, Tim Burroughs
The Good, The Bad, and The Ugly of Oil and Gas Investments
- 07-13-2008
- 5
Burroughs wrote checks from money invested in his oil and gas business for personal expenses, including $60,000.00 of the initial $ 120,000.00 raised on one joint venture, to fund the construction loan on his current residence.
As reported by the Securities Board of Texas.
He operated using TBX resources and also continues in the same business with Gulf Tex Operating.
I have the document on my website which I use to post investor comments and/or so they can make wiser decisions when investing in Oil and Gas companies.
Just cut and past into your browser:
Http://sites. Google.com/site/oilandgashomework/
(oil and gas homework)
Company: GulfTex Operating, Tbx Resources, Tim Burroughs
Country: USA
State: Texas
City: Dallas
Address: 3030 LBJ Freeway
Phone: 9722432613