Our First mission is education, so if you decide not to go through with a deal with us, but you learned something along the way, then we consider it time well spent.
There are no hidden handcuffs, this is our playing field, and it stays level. Below is a brief run through of our process with mineral owners. If you want to learn more, you can go as deep as you like in our Education Center.
It all starts with a phone call. But it's not a call where we are looking to deliver our slick sales script as soon as possible. Actually, we hope you'll do most of the talking as you tell us about your land and what ownership of your minerals has meant for your family. For many people, this story goes back generations. We love a good land story.
What's a fair price?
We do love paying fair prices for good assets so, if in the end, you're ready to sell, we're happy to join you in that project. But what is a fair price? Historically, buyers of mineral rights have tried to keep the answer to that question a secret from sellers. But the only real secret is this: it's not that complicated. We won't just slide a slip of paper over the table with a number on it. We'll share with you how we can come up with a fair price for your assets.
So what goes into it?
Well we look at the wells, where they're located, what kind of production activity has gone on in the area, and by which operators, which gives us a sense of the likelihood that drilling will happen. We'll look at comparable transactions in the area. We'll model likely production curves and take into account pricing patterns to get a sense of what the wells might return financially and over what time period.
Taking all of that into account, we'll consider how these risks and rewards stack up over a lifetime of owning the assets. This is where the delicate dance of making a square deal comes in. You see, every mineral rights asset is a bundle of value and risk. The oil and gas are there and they're an intrinsically valuable and essential resource for our society. But the unknowns of how much, when, and for what value the oil and gas will be sold temper that value. When you sell, you not only pass on to the buyer the value of the assets, but also the risks that go with them. That's why we can't just do a simple multiple of what the assets are producing now and write you a check. But what we can do is come up with a reasonable way of pricing those risks and the time frame over which they'll happen. And we can show you how we calculate that.
If you want to go into the weeds we'll be happy to take you. That way everyone walks away feeling like they got a square deal. If we are working off the same info, same ways of valuing the assets and, in the end, a shared understanding of a fair price.
But what should you do?
Arriving at a fair price doesn't mean you have to sell. That's actually one of the best things about mineral ownership – options. Talking through your options is a conversation we love to have. You can take all your chips off the table and sell everything, you can keep some of your chips in play and sell a portion, or you can hold them forever and pass them on to your family. And what's best for you is probably pretty deeply tied to your land story and your life story. So let's think it through together. Now is not always the right time! How many mineral buyers will tell you that?
What does the process look like?
Our process isn't complicated and we'll walk
through it with you step by step.
The basic steps are:
1.
GET IN TOUCH HERE.
We want to hear your land story. Before our first call, we’ll ask you to provide some detail about the property you own and how you came to own it. This helps us to identify the location of your property and how much acreage you own.
And don’t worry–there’s no hard sales pitch or high pressure tactics. We hate them…
2.
IF Your Property is a fit, we make an offer.
Not every property is a fit for us. But, we’ll quickly let you know one way or the other.
Before making an offer, our team will do a deep dive analysis on your property to come up with a valuation. Learn more about how minerals are valued in our [education center].
3.
WE’LL PRESENT a detailed OFFER.
If you decide to move forward, we’ll send the paperwork for you to review. After the paperwork is signed, our team will conduct due diligence title review of your property to confirm your ownership.
Once title is confirmed, we’ll wire the funds direct to your bank account.
We make no bones about it, we're mineral buyers. This means that if we've got a good square deal worked out, we've got the financial backing ready to pay a fair price for good assets. So once you're ready to sell, you can rest assured that from our side, the deal will go through.