The extreme swings in oil prices during the past few months serve as a perfect reminder that it is best not to “go it alone” when investing in oil and gas properties. Partnering with a proven mineral management company can pay dividends down the road because you will be
represented by experts who have extensive experience working for oil and gas companies. Here are two ways a proven mineral management team can add value to your oil and gas assets:
Negotiate lease agreements: The lease agreement is the most important document for a mineral owner. A poorly negotiated agreement could cost oil and gas property owners dearly in lost revenue and burden them with costly deductions and potential liabilities.
Review monthly financial reports: Mistakes in monthly financial reports are commonplace and often go unnoticed for years. In our work with clients, we have found that seven out of 10 mineral rights owners were being underpaid based on the terms of their lease.
Managing oil and gas properties isn’t a skill that most people can quickly learn. It involves juggling multiple moving parts in an industry that is marked by boom-and-bust cycles. By partnering with an expert mineral management firm, you can sleep well at night knowing you have someone on your team who is always working for your best interests.
Buffie Drennan-Campbell and Kathy Christoffel
Argent Trust
4200 South Hulen St., Ste. 217
Fort Worth, Texas 76109
817.502.2931