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Lafayette Energy Corp
383 Corona St., #635
Phone: (303) 625-6709p:303 625-6709 DENVER, CO  80218  United States Fax: (302) 697-4597f:302 697-4597
On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.
Business Summary
Lafayette Energy Corp. is an oil and gas exploration and production company. The Company is engaged in the process of acquiring, funding and developing, primarily natural gas exploration and development in south central Louisiana. It holds options to purchase leases covering approximately 11,000 gross mineral acres in Imperial Parish. The Company plans to develop the Imperial Parish Fields in two phases, Phase 1 in the northern part of the Imperial Parish Fields and Phase 2 in the southern part, with each comprising approximately 32,000 acres. The Company has not generated any revenues.
(Source: PROSPECTUS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022YesYes---

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Frank C.Ingriselli 69 5/1/2022 5/1/2022
President, Chief Executive Officer, Director Michael L.Peterson 60 5/1/2022 5/1/2022
Chief Financial Officer, Secretary Gregory L.Overholtzer 66 2/21/2023 2/21/2023
3 additional Officers and Directors records available in full report.

Business Names
Business Name
LAFAYETTE ENERGY CORP.
LEC

General Information
Outstanding Shares: 14,962,379 (As of 9/30/2023)
Stock Exchange: NASD
Federal Tax Id: 881178200
Fax Number: (302) 697-4597


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Sunday, May 19, 2024