Limited liability companies protected from revealing reasons for drilling
3/3/2009 - 3/3/09
"Want to protect yourself from public scrutiny in your business affairs?
Establish a limited liability company.
Whether it is New Mexico or most of the other 50 states, individuals or partners who form limited liability companies are required to provide very little information to either government agencies, oversight commissions or the public.
Take the nice-sounding company Grounded and Polite, LLC.
It shares several things in common with five other LLC companies formed on the same day last year with equally nice-sounding names: Harmony Wells, San Juan Peaks, Monument Valley and Phoenix & Avriel.
All six want to drill wells deeper than 2,500 feet on state trust land, tapping briny water that is beyond the jurisdiction of the state's water regulator. All six want to pump out millions of gallons, according to notices of intent to drill filed with the state engineer.
If anyone knows who owns the companies or what they intend to do with the water, they aren't talking publicly about it.
The information provided to the New Mexico Corporations Commission lists the purpose as "not required." A lot of LLCs use that phrase.
The mailing address is the same for all six: 201 Third St. NW, Suite 1850 in Albuquerque, which is the address of the companies' organizer, Michelle Henrie of the Atkinson and Thal law firm.
Henrie is a water attorney who also specializes in planning and land use, real-estate, natural-resource and environmental law, according to Lawyers.com. She's a member of the New Mexico State Bar, the Navajo Nation Bar and the American Bar Association.
Henrie said she asked the owners of the companies if they would allow her to release any names or information about them. "Unfortunately," she said, "I cannot say anything at this time."' More>>>>
Establish a limited liability company.
Whether it is New Mexico or most of the other 50 states, individuals or partners who form limited liability companies are required to provide very little information to either government agencies, oversight commissions or the public.
Take the nice-sounding company Grounded and Polite, LLC.
It shares several things in common with five other LLC companies formed on the same day last year with equally nice-sounding names: Harmony Wells, San Juan Peaks, Monument Valley and Phoenix & Avriel.
All six want to drill wells deeper than 2,500 feet on state trust land, tapping briny water that is beyond the jurisdiction of the state's water regulator. All six want to pump out millions of gallons, according to notices of intent to drill filed with the state engineer.
If anyone knows who owns the companies or what they intend to do with the water, they aren't talking publicly about it.
The information provided to the New Mexico Corporations Commission lists the purpose as "not required." A lot of LLCs use that phrase.
The mailing address is the same for all six: 201 Third St. NW, Suite 1850 in Albuquerque, which is the address of the companies' organizer, Michelle Henrie of the Atkinson and Thal law firm.
Henrie is a water attorney who also specializes in planning and land use, real-estate, natural-resource and environmental law, according to Lawyers.com. She's a member of the New Mexico State Bar, the Navajo Nation Bar and the American Bar Association.
Henrie said she asked the owners of the companies if they would allow her to release any names or information about them. "Unfortunately," she said, "I cannot say anything at this time."' More>>>>
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