If you have mineral assets on your property, or those that you bought in the past, you may want to think about selling them as soon as possible. Why? Because prices are higher than ever, and it is such a painless process. You can go one of two ways in such a situation. You can either figure out what you would need to do to make your spot of land profitable on your own. Or, you could go ahead and sell your oil and gas royalty companies so that you get a good amount of money right now.
For most people, it is about choosing the option that is not only easier, but also contains much less risk. If you are in a position where you must dig for minerals or oil on your own, you are going to have to spend a lot of money. It is not cheap to go through such a procedure, and it is not for everyone. And at the end of the day, you may not even get as many minerals as you had anticipated. Do you want to go through all that effort and uncertainty? It is not better to sell your assets today?
We think that selling assets is the way to go for those who may have some interest in minerals, but are not going to want to go through all the effort that it would take to fully exploit the land they own. When you sell your royalties, you are not giving up the land where you live or work. What you are doing is giving up the rights to any materials that are found on the land – such as minerals, oil and gas. It is an important distinction and one that you must remember when you are making these deals down the road.