If you own mineral rights in the Utica Shale or Marcellus Shale in Ohio, you’ve probably heard about the possibilities of selling these interests for a cash payment. At Flatiron Energy Partners, we can offer expert advice for this process, and we make excellent offers for these rights and royalties.
Ohio is home to two major oil and gas sources; The Utica Shale and Marcellus Shale. The Marcellus Shale is one of the most commonly drilled for sources of oil and gas in Pennsylvania and West Virginia, and it stretches across several states. The Utica Shale is in the early stages of development and has potential to become a solid producing region in the years to come.
Owners choose to sell rights and royalties for numerous reasons, including simply wanting to get out of the oil and gas industry. If you’re receiving royalties, it can be difficult to keep track of payments and ensure that everything is correct. Many investors find this work to be too time consuming, and simply want to cash out and move forward.
Other times, mineral owners are in need of a cash settlement as soon as possible for everything from debt payment, to college tuition, to simply reinvesting in other areas. An owner always has the option to sell you’re a portion of his or her rights get the cash needed today, and still keep the upside of the mineral interest not divested.
At Flatiron Energy Partners, we have the experts to help walk you through the process of selling your mineral rights or royalties. No matter which selling route you’re looking at, we are happy to answer any questions you may have. To get started, please either fill out an evaluation, give us a call or send an email today.