PNP Petroleum and Phil Zaccaria pitched a group of investors to invest over $1million dollars in a deal where he was to manage a drilling operation for oil in Texas. Five wells were to be drilled in leased land and we were to share in the resulting oil. Two dry holes were drilled. No further drilling was attempted. Phil pointed fingers at others that were supposed to do the drilling.
He showed no interest in completing his obligations and rarely even returned our calls. He provided no help with his investors when tax returns needed to be filed. He provided very little accounting data. I would not invest a dime with this guy. He ripped off a lot of people and has accepted no accountability for his inaction. There is probably a criminal charge in order but so far none. He still advertises on his website, as if this site (Brookshire) is one of his success stories. What a joke.
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