Why Sell Your Interest
1) Immediate Cash Payment
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Oil and gas wells are a
depleting asset. Through time, the production from a well
will decrease resulting in a lower check to you. For this
reason, many people choose to sell their interest and take
the cash today. As we all know, a dollar today is worth
more than a dollar five years down the road. People |
can then take this cash and apply it towards a needed
purchase; or they can re-invest it. Many people are more
familiar with other types of investments, and thus feel
safer with them. |
2) Estates
Often when a family
member passes they leave behind a mineral interest in
their estate. If there are a number of heirs to the
interest, it may become divided to a point that it is not
worthwhile for any one party to manage their proportionate
share. It may also become burdensome trying to get the
producer to |
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divide the
interest among the heirs. Greenstar can make an offer to
purchase this interest. Should you need the interest
evaluated, Greenstar can provide a reserve analysis, which
can be used in a Probate proceeding. |
3) Day to Day Management of Properties
Many people dislike the day to day paperwork of managing their properties. |
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book & monitor checks |
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maintain records of income |
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1099 forms, federal and state tax returns |
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proposals to review |
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well production to monitor, are you being paid correctly? |
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Please contact us
with any questions you may have concerning the sale of your working, mineral or overriding royalty interests.
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