Selling Your Mineral Rights Efficiently

Selling Your Mineral Rights Efficiently

If you are living in the United States, you might not know this but you be living right next to a major shale formation site. Eagle Ford Shale, Marcellus Shale and Barnett Shale are the most famous ones. If you are aware of the fact that you are living in a natural gas or oil producing area and if anyone has tried to contact you in order to lease you mineral rights then you are in a perfect position to Mineral rights for huge profits.

It’s very risky to purchase untapped minerals but there are some companies that are always willing to buy non-producing mineral rights from you. Many landlords http://www.uniroyalties.com/

are involved in the practice of selling their minerals right away rather than wait for future production. However, people who have leased their minerals and the ones who are looking for company to lease are faced with many uncertainties. In majority of the cases, the drilling never takes place because the operator is of the view point that drilling is not financially viable in that particular area. Often times it happens that the operator is drilling in your neighborhood and if he is not able to locate any minerals there, chances are that he will not drill on your area either.

Many companies are easy to work with; they offer you to provide them with mineral evaluation through e-mail or phone. Normally, you are required to provide particular information and certain documents about your property. The procedure is very simple and hassle free.

If you are willing to sell mineral rights then it is quite normal to get multiple offers from potential buyers. If you are asked to make a contract right before an actual offer is made, it is a wise decision to not to work with that company. Sometimes, it is useful to get some legal advice. Attorneys are normally against the selling of right to extract minerals and in favor of leasing but they may guide you correctly understanding your circumstances. Visit http://uniroyalties.com

http://www.uniroyalties.com/