Oil and Gas Mineral Sales

Oil and Gas Contract

Oil and Gas Mineral Sales

Selling your oil and gas minerals is not a decision to take lightly. Selling now rather than waiting for royalties could mean the difference of thousands, if not millions of dollars. That does not mean that selling your minerals now is always the wrong decision—it just means you need to make sure that selling is the right decision for you and your family. We can help you through this process.

At Gold, Khourey & Turak, every day our attorneys talk to mineral owners who are thinking about selling their minerals. We have counseled countless people, and we can help you too. We strive to understand our client’s personal situation and why they are considering a sale of their minerals. Our attorneys want to ensure that you have all the information necessary to make an informed and knowledgeable decision. You should feel confident and comfortable in selling your minerals.

So, after considering the pros and cons, you’ve determined you want to sell your minerals. You’ve come to the right place. At GKT, we have access to a network of buyers ready to offer you top dollar for your minerals. Protect Your Rights, and Receive Maximum Value for Your Minerals, contact our office today at (304) 845-9750 to schedule your free, no-obligation compensation. Home, evening, and weekend appointments are available.

Our Attorneys Get Results For YOU

Many mineral owners hired by our firm receive significantly more compensation than what they were initially offered. That is no coincidence. We have the experience to estimate the value of our clients’ minerals before marketing them to different oil and gas purchasers. Based upon the particulars of any mineral sale—location of the minerals, whether there is a current lease, what the terms of the lease are, when production is likely to start if it hasn’t already, etc.—our attorneys can independently estimate what a mineral purchaser might reasonably pay.

With that knowledge, we then market our clients’ oil and gas minerals to a roster of legitimate oil and gas mineral purchasers based upon location. Those mineral buyers have a proven track record of paying our clients top dollar for their minerals. That means we don’t approach fly-by-night mineral buyers who seek to take advantage of unwary sellers. That also means we don’t approach brokers who only seek to purchase your minerals so they can flip it to a legitimate buyer for a higher price. We cut out the middleman to maximize YOUR money! With GKT, you can be assured that your deal will provide you with better protection, more compensation, and an agreement on your terms.

You’ve Received An Offer To Purchase Your Minerals.

Are You Protected?

Many mineral owners think there’s not much more to mineral sale than the price per acre to be paid. While the money is undoubtedly the most important part of a sale, there’s a lot more to consider, such as:

  • Will the purchaser be able to back out of a deal even if you sign a document?
  • Can a purchaser insist you pay a lower price than the one they promised?
  • What happens if there is an issue with your property’s title?
  • Can the purchaser seek to reclaim the money they paid you years later if there is a title issue?

Unfortunately, we see these issues and others all too often. The simple truth is, what seems like a straightforward transaction is anything but. Our attorneys will make sure you are protected and the documents you will be asked to sign are drafted in a way to protect YOU and your family’s interests. At GKT, we can provide you with peace of mind that your family legacy will be secured for generations.

The GKT Difference

At GKT, the first step in any mineral sale is to learn more about you, your family, and your concerns. Only then can our attorneys make sure that any oil and gas sale will fit your specific needs and address your particular concerns. Only at that point do our attorneys begin the process of seeking out qualified mineral buyers and, ultimately, negotiations on your behalf.

Did you know that you don’t have to sell all of your oil and gas minerals?

– Sometimes it is in a client’s best interests to sell only a portion of their minerals to get money now while keeping some to receive royalties in the future. We can help you with this process.

Did you know that you can sell the right to sign a lease and receive the bonus but keep some or all of the royalty rights?

– Sometimes it is in a client’s best interest to sell only a particular interest in the oil and gas minerals while keeping others. We can help you with this process too.

Our attorneys know the lay of the land and what purchasers are paying in different locations throughout the Ohio Valley. Our attorneys have the experience to make sure Your Rights and interests are protected, and the industry contacts to make sure that YOU receive maximum value for your minerals. Once a client has agreed to a price to sell their minerals, our attorneys then negotiate the terms of the purchase and sale agreement, deed, and any other documents to make sure our client is protected.

Importantly, our attorneys communicate with clients each step of the way. No decision is made or deal is reached without the express authorization of a client. Timely communication is key!

When Should You Contact an Attorney?

It is imperative that mineral owners contact an attorney as soon as possible when approached to sell their minerals. The sooner we are involved, the more likely we are to obtain the best result for you. Moreover, the quicker we’re involved, the quicker you are relieved of the stress and headaches of dealing with the landman’s phone calls and knocks at the door.