Securities | Oil & Gas Law Report

SEC Issues Investor Alert for Private Oil and Gas Offerings

By Bill Kelly on June 5th, 2013 Posted in Ohio, Regulatory, Securities

We previously blogged about securities regulation of interests in oil and gas exploration and development. Industry participants, state and federal securities regulators have recently cautioned investors regarding investing in oil and gas ventures. At the federal level, the U.S. Securities and Exchange Commission (SEC) issued an investor alert aimed at private oil and gas offerings…. Continue Reading

The sale of oil & gas working interests is the sale of a security

By Bill Kelly on September 6th, 2012 Posted in Contracts and Leases, Regulatory, Securities

It is unfortunately commonplace for many participants in the oil and gas industry, particularly in the sale of interests in oil and gas production activities, to ignore the requirements of federal and state securities laws applicable to these activities. However, the sale of an oil & gas working interest is the sale of a “security”… Continue Reading

SEC Adopts Final Rules Requiring Payment Disclosures by Resource Extraction Issuers

By Brett Thornton on September 6th, 2012 Posted in Mineral Interest, Regulatory, Securities

The Securities and Exchange Commission (“SEC”) recently adopted a final rule pursuant to Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) requiring resource extraction issuers (companies engaged in the development of oil, natural gas, or minerals) to disclose in an annual report information relating to any payment made by the… Continue Reading