hearing is scheduled for Jan. 22
at the State Office of Administrative Hearings in Austin regarding an emergency
order alleging fraud by Michael
E. Patman and Woodland
Resources LLC in selling working interests in oil well-drilling
Securities Commissioner Travis J. Iles on July 10 entered an Emergency Cease and Desist Order to
stop the ongoing fundraising efforts of Patman, the director of operations for
Fort Worth-based Woodland Resources, and two other company principals, Jeremy “JB” Yowell and Brett Kroh.
Yowell and Kroh are cooperating with the
Enforcement Division of the State Securities Board in its investigation of
Patman and Woodland Resources.