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BBB Accredited Business since

Carson Energy Inc

Phone: (512) 328-0059 Fax: (512) 328-0074 View Additional Phone Numbers 5000 Plaza On The Lk Ste 250, Austin, TX 78746 View Additional Email Addresses View Additional Web Addresses

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Carson Energy was founded in 1983 on the fundamental principles of applying state-of-the art exploration and production technology to develop high quality oil and gas prospects with individual and institutional investors.

Our specialty is participating in lower risk, tax favorable oil and natural gas field development and exploratory oil drilling investment opportunities. Carson Energy is typically able to participate alongside large public companies drilling into productive areas where additional reserves are likely to be discovered.

BBB Accreditation

A BBB Accredited Business since

BBB has determined that Carson Energy Inc meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.

Reason for Rating

BBB rating is based on 13 factors. Get the details about the factors considered.

Factors that raised the rating for Carson Energy Inc include:

  • Length of time business has been operating
  • Complaint volume filed with BBB for business of this size
  • Response to 1 complaint(s) filed against business
  • Resolution of complaint(s) filed against business

Customer Complaints Summary Read complaint details

1 complaint closed with BBB in last 3 years | 1 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 0
Billing/Collection Issues 0
Delivery Issues 0
Guarantee/Warranty Issues 0
Problems with Product/Service 1
Total Closed Complaints 1

Customer Reviews Summary Read customer reviews

0 Customer Reviews on Carson Energy Inc
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

BBB file opened: August 15, 1996 Business started: 08/01/1974 in TX Business started locally: 08/01/1974 Business incorporated 12/05/1983 in TX
Licensing, Bonding or Registration

This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

These agencies may include:

Texas Railroad Commission
1701 N Congress, Austin TX 78701
Phone Number: (512) 463-7288

Texas State Securities Board
208 E 10th St FL 5, Austin TX 78701
Phone Number: (512) 305-8300

Type of Entity


Business Management
Mr. E Carter Bills II, President Mr. Keith Andel, Vice President Mr. Michael Johnson, Senior Vice President
Contact Information
Principal: Mr. E Carter Bills II, President
Customer Contact: Mr. Michael Johnson, Senior Vice President
Business Category

Oil & Gas Exploration & Development

Products & Services

Carson Energy Inc sells the following brand(s): Develocat Wells, Developmental Field Projects, Horizontal Drilling Projects, Producing Royalties, Wildcat Well Opportunities

Carson Energy Inc offers the following product(s): 2014 S.W. Queensland, Australia Seismic Participation Group Joint Venture - As Dan Denefe, the former CEO of Carson Energy said about the Australia project before his before his untimely passing- “It’s like being able to go back in time to Texas in the 1930’s where you didn’t have to drill very deep to find big pools of oil!, Honey Pot #1 3D Joint Venture - Hardin County, Texas- Utilize the latest 3D “Bright Spot” technology to develop 400 acres in potential oil revenue. To put 400 acres into perspective, that’s about the size of 303 football fields., Lone Star Collection Joint Venture - The powerful combination of tax benefits and potential monthly income oil and gas investing offers, can be very difficult to beat! , N. Eagle Bay #1 3D Joint Venture - Chambers County - Drilling with the legendary oil finder the entire field was named after, in the Texas state waters. A barge rig will be used for drilling, in approximately 10 feet of water., Oil and Gas Well Exploration Drilling Investment Opportunities in Texas, Louisiana, Colorado & Australia. , Pierce Ranch #1 3D Joint Venture - There is huge upside potential with very little downside risk and there are many built in safety nets. There are 10 potential oil layers we’re drilling through. There are 6 primary and 4 secondary layers we should encounter while drilling., Swenson Royalty Project - One of the best ways to invest in oil and gas is through royalties that offer wells already in production with rights to future production, all inside of one investment vehicle called a “Royalty Project”.

Method(s) of Payment
Updated list of available ownership options:
Personal Funds
C Corporations
S Corporations
Roth IRA (for Royalty JVs)
Sep IRA (Retirement Accounts for Self Employed)
Keogh Plans
We hope this makes investing with Carson Energy easier for you and your family. 

BBB Customer Review Rating plus BBB Rating Overview

BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.

Customer Review Experience Value
Positive Review 5 points per review
Neutral Review 3 points per review
Negative Review 1 point per review

BBB letter grades represent the BBB's opinion of the business. The BBB grade is based on BBB file information about the business. In some cases, a business' grade may be lowered if the BBB does not have sufficient information about the business despite BBB requests for that information from the business.

BBB Letter Grade Scale

BBB Rating Value
A+ 5
A 4.66
A- 4.33
B+ 4
B 3.66
B- 3.33
C+ 3
C 2.66
C- 2.33
D+ 2
D 1.66
D- 1.33
F 1
NR -----
Star Rating scale

  Average Score
5 stars 5.00
4.5 stars 4.50-4.99
4 stars 4.00-4.49
3.5 stars 3.50-3.99
3 stars 3.00-3.49
2.5 stars 2.50-2.99
2 stars 2.00-2.49
1.5 stars 1.50-1.99
1 star 0-1.49

BBB Customer Review Rating plus BBB Rating is not a guarantee of a business' reliability or performance, and BBB recommends that consumers consider a business' BBB Rating and Customer Review Rating in addition to all other available information about the business. If the BBB Rating is NR then only Customer Reviews are used for the Star Rating.