Welcome to the website established by Receiver Kelly Crawford. The purpose of this website is to inform the parties of the status of the receivership and provide a means of communication.
ABOUT THE RECEIVERSHIP
On March 2, 2010, the Securities and Exchange Commission (“Commission”) filed a lawsuit in the Northern District of Texas, Dallas Division (Case No. 3:10-CV-0425-L) against Defendants Alan T. May and Prosper Oil & Gas, Inc. a/k/a Prosper Energy, Inc. On March 2, 2010, the Court entered an Order Appointing Receiver, which placed all of the assets of the Defendants in receivership and named Kelly M. Crawford as Receiver (“Receivership Order”). A copy of the Receivership Order may be obtained under the Documents section of this website. The purpose of the receivership is for the Receiver to take possession and control of the Defendants assets, and have the assets liquidated so that they may be distributed to the investors and creditors of the Defendants. Pursuant to the Receivership Order all actions against the Defendants are stayed.
The Receiver may be contacted at:
The legal assistants assisting Mr. Crawford are Rebecca VanHooser and Will Hester. They may be reached at:
If you are an investor (someone who purchased a mineral interest from the Defendants), please contact the Receiver to insure the Receiver has your current contact information. Please provide the Receiver with information regarding the amount of funds you invested (used to purchase the mineral interests), the entity or entities you paid; and the mineral interests you received. If you are aware of the location or identity of any assets of the Defendants, please alert the Receiver immediately. Your cooperation is greatly appreciated.