Proceedings on Behalf of the Company18 Feb 2020 12:50
In case people have missed it.....
Proceedings on Behalf of the Company
Blackstone Oil & Gas, Inc., has defaulted on a promissory note to Mosman Texas, LLC, related to the
Arkoma project. On September 9, 2019, Mosman Texas, LLC, recovered a judgment for US$171,349.56
against Blackstone Oil & Gas, Inc., in the 90th Judicial District Court of Young County, Texas. As of
October 29, 2019, a motion for new trial filed by Blackstone Oil & Gas, Inc., is pending. Currently,
Mosman is waiting for the judgment to become final.
Aside from the above, no person has applied for leave of court to bring proceedings on behalf of the
Company or intervene in any proceedings to which the Company is a party for the purposes of taking
responsibility on behalf of the Company for all or any part of the proceedings.
The Company was not party to any other proceeding during the year.