 |
|
Private Sale |
| |
Since owners of Energy Royalties have
an undivided, fractional interest in the property or properties they
are free to sell to whomever they choose. Other Royalty owners in
fields where your assets reside are usually the best place to start
since they know the area and have history in the asset. Having said
that, selling to any private buyer is always an option.
|
 |
|
Divestment Firms |
| |
There are over 60 professional
divestment firms that are Commercial Brokers of the energy business.
These firms have extensive knowledge of the active buyers of quality
Royalty properties. For a commission of 1-3% a divestment firm will
prepare a detailed marketing package and actively work to generate
multiple interested buyers of your property. This usually takes
45-60 days.
|
 |
|
Oil & Gas
Clearinghouse |
| |
This is a Houston-based company that
conducts a monthly hybrid auction of Energy Assets. Several hundred
live and online bidders compete to acquire quality Royalty and
Working Interest assets. In a typical month, $30-$50 million in
properties are sold. This method usually takes about 60 days for an
asset to sell.
|
 |
|
EnergyNet.com |
| |
EnergyNet.com is the "e-Bay" of the
oil and gas industry, allowing oil and gas owners to leverage the
power of the internet to reach a large number of buyers. This
auction site is rapidly growing and selling millions of dollars in
assets each month. Sellers have the option of setting a Reserve
Price, which is a minimum bid that will be accepted.
|
