Vahagn and Armen Nahabedian are supposed to be experts in the exploration and development of oil and gas fields in california.in 2009 I met them and invested millions of dollars into their projects after seeing their elaborate offices and vast assembly of geologic presentations. Yes, i know that the oil and gas business is high risk and that every scam known to madkind probably came out of this industry but the charm effect of Armen Nahabedian was wholely disarming and i believed them to be honest and straight shooters.
Oil was trading at $40 per bbl when we invested over 3 years ago. Now that oil is $110 in the state of california we have yet to see any returns over 1% of our investments due to " expenses" If you are going to do a deal with NEG (Nahabedian Explorations group) or Armen and Vahagn Nahabedian make sure they are NOT the operators of the fields otherwise you will be in the same boat im in. These guys are very smooth! Be extra carefull! They do know how to find oil and their father (Mark Nahabedian) is an expert geologist with a very stong reputation in oil and gas discovery in the State of California.
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