Disclaimer and SEC Statement
Let BWB Operating, Inc.'s oil managers engineer an investment plan for you. Before beginning, please review the following:
Specifics concerning any Prospect, Producing Property, or Capital Transaction on drilling-prospects.com must be discussed and concluded only at a location other than drilling-prospects.com.
THIS IS NOT AN OFFERING, AND IS NOT REGISTERED UNDER THE SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAW. NEITHER THE SECURITIES AND EXCHANGE COMMISSION, NOR THE SECURITIES COMMISSION OF ANY STATE HAVE PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECT OR UPON THE REPRESENTATIONS MADE HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
Oil and gas activities involve risks of losses and liabilities to third parties. These risks include the speculative nature of finding hydrocarbons reserves, field operations hazards, equipment shortages and materials, competition, regulation, subsurface conditions, and unsuccessful attempts.
The evaluation of Oil and Gas Properties and Leases is not an exact science and involves uncertainty, particularly regarding the quantities of oil and gas that any property or prospect can produce. Estimates of oil and gas reserves may be incorrect and production from a well or property may cease for many reasons. There can be no assurance that the participants' investments will result in projected levels of revenue, or that levels of production realized will permit the recovery of amounts invested.
Neither drilling-prospects.net nor any director, officer, representative, owner, or employee make any representation or warranty, express or implied, as to the accuracy or completeness, economic merit, geology, engineering, geophysical, or any aspect of all Prospects, Producing Properties, and Capital Transactions listed on drilling-prospects.com.
The securities laws of the federal government and the various states in which any offering will be made each impose exemption qualifications from their respective registration requirements. Although differing in many respects, federal securities laws and the securities laws of the various states, generally:
Require full disclosure of all facts concerning an issuer and a proposed offering which an investor would consider material to his investment decision.
Require the issuer to ascertain whether any proposed investment is suitable for the prospective investor and whether such prospective investor is able to meaningfully evaluate the proposed investment.
Require the issuer to effect sales of his security without public solicitation to a limited number of persons who purchase the security for investment purposes only and not with a view toward redistribution.
Certain states also impose "fair, just, and equitable" standards, which must be complied with to effect sales therein. Any offering may not be attempted in some states. Each prospective purchaser must meet certain suitability requirements, which may vary by state. Any prospective Purchaser who is unable to meaningfully evaluate such an investment should consult legal and business advisers and should consider whether this type of highly speculative investment is appropriate for his or her investment needs.
No Prospect, Producing Property, or Capital Transaction listed on drilling-prospects.net should be considered exclusive, and therefore is subject to withdrawal, in whole or in part, without notice.
Texas Investor Complaint Hotline: 1-888-663-0009
