Showing posts with label amite county. Show all posts
Showing posts with label amite county. Show all posts

Thursday, February 8, 2018

Selling Mineral Rights In Amite County Mississippi

Mostly through inheritance, many people own mineral rights in Amite County, Mississippi. A lot of people are surprised to learn that they own the mineral rights or "oil rights" when an oil company landman gives the a call to secure an oil and gas lease. Nice surprise!

Certain tracts of land in that part of Wilkinson County, Amite County and southwest Pike County right along the Louisiana line might be prospective for oil and gas exploration. It is part of an oil 'play' called the Tuscaloosa Marine Shale or "TMS" for short. The TMS is a geologic formation that is known to contain oil but as of yet, has not proven itself to be widely commercial. "Commercial" meaning it makes a profit for the oil company drilling wells in that area.

The TMS has seen dozens of wells drilled over the past couple of decades. Some production was found and in a few places, it's pretty good, as far as oil wells go. In a lot of places, it's not good. Drilling has identified an area that will produce oil, it's just a matter of can the oil companies do it and make a profit. So far, they have tucked their tails between their legs and ran away!

But one company from Australia is willing to take another shot at it. The company is called Australis Oil & Gas Limited and they have formed a subsidiary to try the TMS called Australis TMS Inc. The company bought the oil leases owned by Encana Corporation, one of the companies that gave up.

Another company which has already tried many times in the TMS by drilling deep, expensive wells after securing oil leases from mineral rights owners is Goodrich Oil. They still hold quite a leasehold in the play. Here's to hope that Australis or Goodrich (or somebody!) can figure it out.

If you own mineral rights in southern Amite County (oil rights) or southeast Wilkinson County along the Louisiana line and don't wish to wait any longer for something great to happen in the TMS, you can also sell mineral rights and enjoy sure-thing cash. In some instances, it does not matter if your tract is leased or not. You may be able to sell either way. There is no way to know if the TMS will work out or not, so, for many, it's a great way to enjoy a big cash payday. Or, you can also sell, say, half of your oil rights and gamble with the other half that the TMS turns out good!

To find out if selling mineral rights in Amite County or selling mineral rights in Wilkinson County is an option for you, contact me through the form at the Upper Right section of this page or give me a call and I'll be glad to discuss it with you. Phone number is 318-426-0909.

Good luck to all!

Friday, March 7, 2014

Selling Mineral Rights In Mississippi

Sometimes one has cash needs for various things in life. An option for landowners and mineral owners (some people only own mineral rights and no surface rights) is selling mineral rights. Mineral rights owners have the right to receive oil royalties and gas royalties from oil wells and/or gas wells drilled on their land or a drilling unit which is pooled with their land. This right has a cash value. It is a lump sum cash settlement for potential future royalties and may be a minor amount or a large amount if in an area with high potential for oil and gas production.

We buy mineral rights to add to our significant mineral portfolio in the United States. Over time, we have made this 'work,' meaning we're not 'in the red' overall because we buy a lot of properties to spread risk. Not every deal turns out good for us. And those lucky mineral owners came out smelling like a rose! It's a crapshoot. Even in large fields where a lot of wells are productive, often, the well does not produce as much as anticipated and we lose money on the purchase. On others, we do well. It works for us due to owning thousands of acres across many states. No particular deal will break us. So, the reverse of that is a mineral owner having one tract... that is having all your eggs in one basket. Some people choose to sell to take the sure thing -- cash. It's also possible, depending on size of the tract, for us to buy a portion of what one owns. You can sell and take the cash for the part you sell and gamble on the rest that it turns out good down the way.

SELL MISSISSIPPI MINERAL RIGHTS

We might be interested in buying your mineral rights in any part of Mississippi. If they are producing, meaning you are receiving oil royalties or gas royalties, you can sell oil royalties and we can definitely buy them. If non-producing, give us a call, as well, we might be interested. At this time, we are primarily interested in areas which have some potential for the Tuscaloosa Marine Shale. Several oil companies are interested in the area and have acquired oil and gas leases and have drilled some wells -- Encana, Goodrich, Halcon, Sanchez, EOG, etc. This potential fairway lies in southwest Mississippi counties and we are primarily interested in Wilkinson County, Amite County and Pike County. Possibly a bit of southern Walthall County. Our focus at this time is for those who wish to sell Amite County MS mineral rights and those who wish to sell Wilkinson County, MS mineral rights. If you are interested in selling mineral rights in Mississippi, please give me a call, I'll be happy to work with you on it.

Another site with much information is this mineral buyer site and also this site about mineral rights and selling oil rights / selling gas rights.

Saturday, May 25, 2013

Sell Royalty Or Sell Mineral Rights In Mississippi

Some mineral rights owners elect to sell their mineral rights or royalties and get a lump sum cash settlement. One can sell all or part of their minerals. For those interested in selling mineral rights in the Mississippi counties of Wilkinson County, Amite County or Pike County, and even minerals or royalties in West Feliciana Parish, East Feliciana Parish, St. Helena Parish or Tangipahoa Parish, Louisiana, see more info at this site. This area is part of the Tuscaloosa Marine Shale (TMS) oil and gas play. Some of the wells drilled have been poor, a couple show signs of being commercial, but it's too early to tell if this area will "dollar up" well for the oil companies. So, some owners choose to sell to pass along the risk and enjoy the cash. Only the owner can make the decision as to what is right for them at this time in their life. But, sure-thing cash money certainly has real value, the oil and gas business (and exploration) is fickle, indeed.

AREA OF INTEREST IN MISSISSIPPI: At this time, the focus area for a mineral rights sale is for lands in Wilkinson County, Amite County and Pike County, Mississippi. If you own minerals within a few miles of the Louisiana/Mississippi line, you may fall within the area. In Wilkinson County, near the towns of Pinckneyville, Donegal, Ashwood, Newtonia and Whitaker, Mississippi. In Amite County, near the towns of Capell, Olio or Gillsburg, Mississippi. In Pike County, near the town of Osyka, Mississippi. The area is not heavily populated, so, suffice say, within a handful of miles of the Louisiana border.

If you have producing mineral rights, meaning you are receiving TMS or other royalty checks, you can sell mineral rights for lands in Mississippi but also anywhere else in the USA. Visit the site mentioned above or go to Payday Minerals.

If you have land and minerals for sale in South Mississippi near the above areas, we might be interested. (Land and minerals near the Louisiana line in Wilkinson County, Amite County and Pike County.)

Visit the above site links or just call the number below.

Saturday, October 13, 2012

Sell Mineral Rights In Tuscaloosa Shale Play

If you have any interest in selling all or part of your mineral rights and royalty rights, and own property in the following Louisiana parishes or Mississippi counties, contact this mineral rights buyer site -- Payday Minerals, LLC. They speculate in various parts of the USA, including Central Louisiana and South Mississippi. Tuscaloosa shale play buy area: Louisiana parishes -- West Feliciana parish, East Feliciana parish, St. Helena parish. Mississippi counties -- Wilkinson county, Amite county. The area may expand or contract at any time.