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  • Report:  #730694

Complaint Review: SENTRY ENERGY PRODUCTION L.L.C.

SENTRY ENERGY PRODUCTION L.L.C. AN OIL AND GAS WELL INVESTMENT COMPANY BORDERING ON FRADULENT OPERATIONS WHICH TOOK ME FOR OVER $112,583.00 THROUGH FOUR BACK TO BACK INVESTMENTS IN SUSPOSEDLY TWO MISCALCULATED DRY HOLE WELL DRILLS. ADDISON, Texas

  • Reported By:
    Gary — Ozark Alabama United States of America
  • Submitted:
    Wed, May 18, 2011
  • Updated:
    Tue, May 31, 2011

The activities envolved high pressure telephone investment requests for funding oil of well drilling. Rather than ask for just one investment in one share of a well, they would come back requesting me to purchase an additional share, then another well with the same double investment requests, and qualifying it with a large profit quarantee in wells with strong geology reports which were phoney.  The sales person would go over and over calculations of the returns I would receive if I put more and more money in the two wells, all along pretendiing to be my friend and oil investment advisor.  First one well was a dry hole and then the second well a dry hole after many assurances by the sales person that the second well would make up the loses for the first well by heavy production numbers and how the second well was right next to a well producing 600 barrels per day and could not miss in production of  anything less than that well.  He then suckered me into a double unit investment in that well even prior to the first well being completed as a dry hole.

Please note that at the time of these investments, I was warned about this company and refered to the Rip-Off.Com site to check it out.  It seems that the company use to be owned by the husband of the current owner and he was under a federal investigation that prohibited him from doing this kind of business again.  When I presented these facts to the company sales agent, he explained that the wife was honest and that the husband no longer had any dealings with the company.  He swore this to me more than three times.  I should have saw the red flag that Rip-Off. Com was presenting me with and paid attention to it.  Well by ignoring this flag, it cost me over $112,583.00 and made me not trust any oil well sales persons again.

4 Updates & Rebuttals


Larry

Phoenix,
Arizona,
U.S.A.

What to do

#5Consumer Suggestion

Tue, May 31, 2011

1. Print out a copy of your original post and your update.  Label the first "Exhibit A" and the second"Exhibit B"

2. Attach the two documents to an affidavit affirming that you are the author of Exhibits A & B and that the facts stated in both documents are true.

3. Collect your children, wife, and/or other family members and drive to the county courthouse.

4. At the Courthouse, locate a judge, present him with the above documents, and tell him that you are no longer competent to manage your own affairs as clearly demonstrated by your report here.



macilaci

boston,
Massachusetts,
United States of America

Food for thought.

#5General Comment

Mon, May 30, 2011

I wonder if Mike Williams or Antoinette Rand of Sentry Energy  Production LLC disclosed to you the fact that Darrin Martin has been with Sentry Energy from the day they opened their doors? I also wonder if either of them informed you that he worked with Antoinette Rand at Aspen Exploration for many years with her brothers and their father Tony Rand, the oil and gas company that was shut down just before Antoinette Rand and her mother Maryann Rand began Sentry Energy?  Did either Mike Williams or Antoinette Rand or Maryann Rand disclose to you that their
brothers/sons, father/husband plead guilty to about 70 million dollars worth of fraud in early 2011 after maintaining their innocence for many, many months after their initial prosecution?

Don't take my word for it. Do a google search yourself. "Rand Aspen Exploration" will give you all of the information you need to ask anyone at Sentry Energy real questions that will help you draw intelligent conclusions about their questionable activities....or not. The information is there if you want to find it. The conclusions that you draw are yours alone.

Luckily for investors there is the power of the internet to do their due diligence when considering an investment. Sadly, once someone of questionable moral values has a consumer's money it really doesn't do any good unless they file a complaint with the
governing agencies whose job it is to enforce consumer protection laws.


ggilbert

OZARK,
Alabama,
United States of America

SENTRY ENERGY PRODUCTION

#5Author of original report

Fri, May 20, 2011

Since filing the report on Sentry, I have been contacted by two people from Sentry:  Mike Williams, Sentry Quaility Control,  and Antoinette Rand, one of Sentry's Owners.  They were faxed a copy of my report, even prior to it being postedy to the web site with a solicitation to reprsent them in regards to my report.  I find this to be deplorable actions by the Rip-Off Site Staff, if they are the ones that in fact proceeded to solicit payment from Sentry to represent them in resolving my complaint. It is an outright break of ethics to solict Sentry for there business regarding my report.

Well the phone calls by Mr. Williams and Ms. Rand went a little to help me feel somewhat better about their company.  Ms. Rand is suspose to get bact to me next week in regards to some questions I submitted to her as follows: 1) Was Horzonital Drilling Considered In Drilling The Rattlesnake Well, the 2nd non-completed well which I have $76,960 invested.  2) If and When is Sentry going to Complete Rattlesnake.   3) What do they want from me in regards to the filing of the Rip-Off Report. 
                                                                                                                                                              I have the desire to change some of the report language that I used such as changing the word, " phoney"  to "questionable" in "geology reports which were phoney".  I would also like to delete reference to " the company use to be owned by the husband of the current owner".

I also note that I was deceived by a former Sentry employee by the name of Darrin Martin by his constant telephone contacts with me attempting to get additional funds by assuring me of heavy well production figures and attempts to be my friend.  I now see through that now and should have at the time, but I am totally gullible. This is noted in the fact that I responded to him by spending $112,583.00 through 4 solictations in two non-producing wells and all of that prior to even one well being drilled.  I now find out that sentry has had two non-producing wells in the three that they have drilled to date. It is also noted that Darrin and Sentry parted company at Darrin's request.


Flynrider

Phoenix,
Arizona,
USA

How does that happen?

#5Consumer Comment

Wed, May 18, 2011

When I presented these facts to the company sales agent, he explained that the wife was honest and that the husband no longer had any dealings with the company.  He swore this to me more than three times. "

  Frankly, investing in oil wells over the phone sounds absurd to begin with.  Given that, I'm interested in the thought process that one has to go through to ask a suspected con if he is conning you, then believing what they tell you.    Seriously???  

  Suppose someone is a scammer and is about to take all of your money.   You ask them, "Hey, you're not trying to con me, are you?"   Do you REALLY expect them to tell you the truth and walk away?  In what universe does that happen?  If you are being conned and you ask that question, you should expect the con to swear to you repeatedly that he's on the level.   

  I highly recommend that you disconnect your phone.

 

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