Authorities Investigating Fraudulent Oil and Gas Leases
SONIA RAMIREZ-MUÑOZ, 14 April 2021
MIDLAND, TX — The Midland Police Department confirmed it is investigating the National Royalty Group for possible fraud involving oil and gas leases.
According to the company, they were “established in 2000 to provide a liquid market for the purchase and sale of royalty interests in producing oil and gas properties.”
According to MPD, the Financial Crimes Unit looking into “criminal wrongdoing in connection with claims of fraud that have been alleged against NRG.”
Law enforcement is asking anyone who has invested money with NRG for undervalued oil and gas leases to contact MPD Sergeant Ray Flores at (432) 685-7175.
