Revere Resources is a privately held Mineral Rights and Royalties acquisitions company. It was found as an answer to the question: "How would you want someone to buy your grandmother's mineral rights?"
Decades of experience ensure that all Rever Resource's transactions reach fair value so as to offer both asset owners and our capital partners merit.
Revere Resources is a close team run by a group of friends from various parts of the energy industry. As a growing company, we appreciate the importance of every deal. Every offer, no matter how seemingly minor or small, is offered the same level of care and thought.
From cashing out small portions to reduce the risk of your overall portfolio to handling complex situations where minerals are passed down from one generation to another, there are a variety of reasons for why you should sell your minerals. We term these as tax implications, commodity prices, overall diversity of personal wealth and/ or concentration risk, and inheritance issues. Talk to us to understand how these could affect you.
YES! You can choose to sell a portion of your royalties. This way, you can get some cash for the portion of the interest you sold right away while still receiving the monthly income from the portion of your royalties.
A net mineral acre (NMA) is a measure that indicates the acres of minerals you have. A net royalty acre (NRA) is a rate that indicates how much you can receive from your NMA. NRA takes into account the royalty burden on each mineral. An NRA calculation is arrived at through a few different calculations, all of which are correct in their own way. The equation to get to an NRA is:
There are a lot of reasons behind this. The two most common ones are:
1. Fluctuations in oil and gas prices: Since your royalty check depends directly on this, your royalty checks will vary from month to month as well.
2. Production: Production can be inconsistent as the output a well produces can vary from one month to another. If you had a high volume of output this month, you would receive a high amount in your royalty check. If you have a low output the next, you would receive a lower amount.
Talk to us to understand more about this.
Earnest money also referred to as “escrow money” is a sum of money a seller should give you when making an offer. If they don’t offer any such payments, chances are they don’t intend to buy from you. Think of it as the down payment on a home you wish to buy. When a seller doesn’t offer you earnest money, they are free to walk away without any financial repercussions if they decide not to close the deal with you. At Revere Resources, we offer 10% of the final purchase price as earnest money.
We have enlisted the help of unbiased 3rd party reservoir engineers to put a proper value on your asset. These experts also determine how quickly the producing wells are losing value and if your asset has any other wells which might be drillable. This means that we give you credit even for undrilled wells. Because we have your best interest at heart.
If your question is not here, or if our response does not adequately answer you, please do not hesitate to contact us. We would be happy to help
We treat each seller like a long-term partner, whether you're selling us 1 acre or 20,000 acres. After all, we're mineral owners too. If you are interested ins selling your mineral rights, please contact us directly.
We will response in 24-48 hours, guaranteed!