Chestnut Petroleum Founder Mark A. Plummer Attends FINRA Compliance Seminar

DALLAS, Aug. 3 /PRNewswire/ -- As part of a commitment to adhering to critical changes in regulatory oversight measures, Chestnut Petroleum Founder and President Mark A. Plummer recently attended the 2010 FINRA South Region Compliance Seminar. The two-day seminar was conducted to provide a better understanding of current industry and regulatory issues in light of the recent passage of H.R. 4173: Dodd-Frank Wall Street Reform and Consumer Protection Act.

(Logo: http://photos.prnewswire.com/prnh/20100803/DA44972LOGO)

(Logo: http://www.newscom.com/cgi-bin/prnh/20100803/DA44972LOGO)

"The seminar was extremely helpful in learning about regulatory issues affecting our industry," said Mark Plummer. "Plus we had the chance to meet with staff members from FINRA's Atlanta, Boca Raton, Dallas and New Orleans district offices and attend workshops designed specifically for firms in this region."

Chestnut Petroleum and its affiliated broker-dealer, Chestnut Energy Partners, have long advocated for investors to further their education regarding oil and gas investing. The company's website includes a due diligence section that outlines helpful tips on how investors can avoid scams and recognize investment fraud based on a U.S. Securities and Exchange Commissions investor publication. Although Chestnut Petroleum does not offer or sell securities, the company believes that the SEC recommendations are a strong guideline for individuals interested in learning more about oil and gas investments. More information on Chestnut Petroleum can be found at http://www.chestnutpetroleum.com

About Us

Chestnut Petroleum is a privately owned independent owner-operator that conducts drilling, recompletion and reentry, and general operations in proven producing oil and natural gas fields primarily in Texas and Louisiana. Led by founder and President, Mark A. Plummer, Chestnut Petroleum has followed a philosophy of buying smart, managing costs, and improving production since its inception in 1995. Chestnut Petroleum applies a no-nonsense approach to asset management that drives its ability to create value throughout all of its operations. The Company's current asset portfolio encompasses approximately 250 wells in the following fields: Gillis English Bayou Unit (GEB), Calcasieu Parish, LA; East Texas Field, Gregg County, TX; Signal Hill East Unit, Long Beach, CA; Hardeman County, TX; Barnett Shale, Hood & Tarrant Counties, TX; Lea County, NM; and Eliasville Field, TX.

Chestnut Energy Partners is the exclusive broker-dealer for Chestnut Petroleum; and is a registered broker-dealer and member of the Financial Industry Regulatory Authority (FINRA, formerly the NASD).

To learn more, visit the company's web site at http://www.chestnutpetroleum.com

SOURCE Chestnut Petroleum