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Robert Rex
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This blog is written by Robert H. Rex, Esq. who is a securities attorney and a passionate advocate for investors rights. With over 30 years of legal experience, 25 of which have dealt almost exclusively with the recovery of stockmarket and investment losses for mostly elderly clients, he and his... More
My company:
Rex Securities Law
My blog:
Rex Investment Loss Recovery Blog
  • Black Diamond Energy Partnership Losses May Be Recoverable 0 comments
    Jun 6, 2014 5:35 PM

    Black Diamond Energy was once one of the fastest growing private companies in the Pittsburgh region operating natural gas wells, primarily in Wyoming. While natural gas prices were over $10 /MCF a few years ago, coal bed methane extraction was a financially viable business model.

    The drop in the price of the commodity to the $4 range made the process uneconomical and resulted in pressure from lenders, the shutting in of hundreds of wells and cessation of distributions.

    Investors who lost money on the Black Diamond Energypartnerships may be able to recover losses through FINRA arbitration. If you would like to learn your legal options for losses on oil and gas investments including the following, please contact us:

     

    • Black Diamond Energy 2005-A
    • Black Diamond Energy 2005-B
    • Black Diamond Energy 2006-A
    • Black Diamond Energy 2006-B
    • Black Diamond Energy 2007-A
    • Black Diamond Energy 2007-B
    • Black Diamond Energy 2008-A
    • Black Diamond Energy 2008-B


    Nationwide Representation

    Rex Securities Law

    561 391 1900

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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