Sell Oil and Gas Royalties The Quickest Way to Settle Your Debt Are you under huge debt for some reason and cannot seem to find any means to settle the debt quickly before your wife finds out? Do you, by any chance, own a land that has oil and gas, mineral reserves underneath? If your answer to the second question is ‘Yes’, then you can settle your debt quickly… How?
www.uniroyalties.com
www.uniroyalties.com
Sell oil and gas royalties! However, as with every asset sale, a number of things need to be considered before you decide to sell gas and oil royalties of the mineral reserves underneath your land. If the land is yielding a mineral like coal, then most definitely, a one-time deal will be made with you in which you will receive a lump sum amount of money in exchange of the mineral rights before any work commences. Do not worry, and also make sure that it is mentioned in the deal before you sell the rights. Then, you will start receiving any royalties on your minerals.
Any petroleum management firm or mineral royalty buyer might force you into signing the contract under a time limit therefore; you should consider hiring a trusted lawyer that could take care of any legal formalities (paper work), which will be great at securing extra payouts you might have expected. Since you need cash fast, you may overlook some details, and therefore precautions are a must.
www.uniroyalties.com
Although, the process seems quite simple to work with, but selling your mineral interests without dividing them might open you up to financial losses in the longer term. The clever thing would be to first have a geologist examine the deserted land and figure out exactly what reserves lay beneath the surface of your land. Rock minerals like coal are purchased on a leasehold deal and therefore, the one who is buying the oil and gas royalties will have a certain amount of time to start harvesting minerals in the land. Some buyers of mineral royalties deal exclusively as the middleman, purchasing leaseholds from land owners so that a resale to mining corporations is possible in the future. When a mining firm buys oil and gas rights / royalties from you through a leasehold process, you might have to agree to a lesser amount of cash upfront however, once the extraction or production of minerals, gas and oil, has started, your gas and oil royalties will begin to pay out.
If the leasehold contract is prepared fairly as well as carefully, and the well beneath your property is yielding oil and gas in large capacities, you will be making big bucks in no time. This is the point where having a good lawyer will prove to be clever decision. In any deal, both parties will obviously need protection, especially the one that is paying you or has promised to pay you against your oil royalties or gas royalties.
www.uniroyalties.com
The important point to remember is that you have the right and full control to sell oil and gas royalties, and the money you are receiving from any buyer of those royalties can be a onetime payment, monthly payments based on percentage of production (pre-set), or based on a contract that allows you to lease for a specific time. For a moment, put yourself in a position where you are selling a piece of mine’s production value and you will understand right away why people pay a good lump sum readily to buy gas and oil, mineral royalties from wells and mines established earlier. Uni Royalties is a well-known and trusted buyer as well as a seller of mineral royalties. The company effectively helps landowners in signing leasehold deals to sell oil and gas royalties, and help them score the best amount for their mineral rights. For more information, visit our website www.uniroyalties.com or call us on our toll free number: 1 (888) 916 0220.