0 – 15 Minutes
Doug addresses landowners considering buying or selling oil, gas, and mineral rights. Segment provides detailed information as to how brokers, investors, and hedge funds invest in buying oil and natural gas rights from Pennsylvania landowners. Doug fully explains how the market operates in purchasing oil and gas rights in Pennsylvania. Doug discloses how landmen and brokers operate in many cases to flip sales agreements to purchase natural gas rights to other investment entities. Why landowners must be very cautious when considering permanently selling and divesting their oil and natural gas rights. Oil and gas rights owners must negotiate the price if they are considering selling the gas rights as well as the language in the purchase and sales agreement as well as the final deed. Mistakes can be costly and last forever.
All Things Marcellus® GEM 104, KZFM 96.9, KC 101.5 FM, and 1250 AM The Answer
Air Date: June 26, 2016