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Marcellus Leasing Agents Have Been Replaced With Mineral Buyers

by Kenneth E. DuBose on May 30, 2013

The days of landmen running around in courthouses in Pennsylvania isn’t over, but their purpose is a little different.

Mineral buyers, who hope to cash in when natural gas prices recover, are filing deeds daily in Pennsylvania courthouses. They offer money today in exchange for minerals. Some will pay back in spades and some won’t. That’s the nature of the business.

Buyers often offer to purchase of a landowner’s mineral rights , so the landowner keeps some upside if that pay day does come in. Others opt to sell all of their mineral rights. Only time will tell who made the right decision. If someone has a substantial mineral holding, we always advise that they keep some portion.

Selling mineral rights should only be considered if you have other investment opportunities or an immediate need for cash.

Let us hear if you’ve been contacted by a mineral buyer lately. Use the comment section below.

Beaver County, PA Courthouse

{ 3 comments }

Chris Ruminski May 31, 2013 at 5:28 pm

Midwest Land Services in Steubenville, OH contacted us recently about buying the mineral rights of our farm in the Island Creek Township of Jefferson County.

Tom Throckmorton June 25, 2013 at 12:20 pm

I have been contacted by a mineral company who wants to buy my inherited royalty rights. A month ago they called then sent an offer letter.

Terry Caldwell June 25, 2013 at 2:05 pm

I have been contacted by an investment co. that would like to buy our mineral rights to 140 acres in Cornplanter township, Venango county, Pa. The land is presently leased and held by production to Range Resources.

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