Getting your player ready...
Colorado Securities Commissioner Fred Joseph announced Thursday a cease-and-desist order against a Pennsylvania oil- and-gas company for allegedly violating the Colorado Securities Act by selling unregistered securities.
The order names Northeastern Consolidated Energy Partners; its president, Jon V. Malis; and Timothy D. Coleman, all of Oil City, Pa., for attempting to sell investments in an oil-and-gas-related venture in its Lehmann Drilling Program in Crawford County, Pa., by cold-calling at least one investor in Colorado.
