Petron Resources failure joins Clary's financial fall.

Extract

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Petron Resources failure joins Clary's financial fall.

OIL AND GAS INVESTMENTS PROvided juice to pump up the fortunes of Steve Clary and his 2007 net worth claim of $92 million.

Eight months later, the Little Rock businessman didn't have enough money to make payroll at one of those ventures: Petron Resources LLC of Frisco, Texas.

This piece of his boom-to-bust story, which has resulted in millions of dollars in legal judgments and two criminal cases, isn't well known outside of Arkansas, where Clary was known for his commercial real estate developments.

Details about the now-defunct Petron have been fleshed out by former staffers in the absence of Clary, who couldn't be reached for comment. Some were willing to talk on the record about the company and their dealings with Clary, wh...

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