WHO WE BUY OIL & GAS INTERESTS FROM
- Individuals that simply don’t want the hassle of keeping up
with small and/or scattered oil and gas interests.
- Estates that own oil and gas interests that need to be liquidated
before the Estate can be distributed and closed.
- Trusts in which oil and gas interests are a small component
of the overall value or for which the cost of administration
exceeds the value received from them.
- Individuals and Companies who own leases that have Plugging
Liabilities.
WHAT WE CAN DO FOR YOU
- Make you a written offer for your interest
- Prepare all conveyance documents to effect the transfer of
interest from you to HisLand Oil & Gas.
- Bear all costs associated with the conveyance documents including
recording fees, documentary stamps and filing costs.
- Take full responsibility for notifying all paying companies,
operators and Taxing Authorities.
WHY SELL?
There are many reasons
that people or estates sell their working interest & royalty interests
in oil, gas or mineral producing assets.
Some of the reasons include:
A Need for Cash
Convert that revenue stream into a lump sum payment immediately.
Over time, a well may increasingly produce less income and may
carry with it a cost of cleanup once the well has run dry. Convert
your interest to cash and pass the liability onto another party
while getting fair market value for your asset.
Estate Liquidation/Estate
Management
Mineral interests can carry substantial tax burdens to estates
and they require complicated accounting transactions. Therefore,
many people choose to clean up estates by converting these assets
to cash. Doing so provides an easier transition to heirs and potential
savings on estate tax.
There are many other reasons
why you might want to sell your asset. Please contact us for more
information by filling out the form below.
