

[Federal Register: September 18, 2007 (Volume 72, Number 180)]
[Notices]               
[Page 53270]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr18se07-75]                         

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SECURITIES AND EXCHANGE COMMISSION

[File No. 500-1]

 
In the Matter of Terax Energy, Inc.; Corrected Order of 
Suspension of Trading

September 12, 2007.
    It appears to the Securities and Exchange Commission that there is 
a lack of current and accurate information concerning the securities of 
Terax Energy, Inc. (``Terax,'' trading symbol TEXG.OB), because of 
questions regarding the accuracy of assertions by Terax and by others, 
in reports filed with the Commission and in press releases to investors 
concerning, among other things: (1) The status of Terax's oil and gas 
operations, (2) Terax's purported financing agreements, (3) Terax's 
supposed acquisition of a controlling interest in a foreign oil and gas 
firm, (4) the existence, terms and status of a purported share exchange 
agreement between Terax and Westar Oil, Inc., and (5) the identity of 
the persons in control of the operations and management of Terax.
    The Commission is of the opinion that the public interest and the 
protection of investors require a suspension of trading in the 
securities of the above-listed company.
    Therefore, it is ordered, pursuant to Section 12(k) of the 
Securities Exchange Act of 1934, that trading in the above-listed 
company is suspended for the period from 9:30 a.m. EDT, September 12, 
2007 through 11:59 p.m. EDT, on September 25, 2007.

    By the Commission.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-18268 Filed 9-17-07; 8:45 am]

BILLING CODE 8010-01-P
