Q. I have been approached by an oil company landman and he has offered to lease or purchase my oil and gas mineral rights. What do I do? How do I know if this is a fair offer?

A. When a written offer to lease or purchase your oil and gas mineral rights is presented to you, we recommend that you contact an oil and gas attorney or landman and discuss the offer with a professional. Lease terms can vary in every lease document so obtaining solid advice is critical and leasing or selling your mineral rights is essentially a real estate transaction. Key items to negotiate are the lease bonus amount, the royalty reserved, pooling clauses and the primary term of the lease - to name a few. Again, consult a landman or attorney in your area for assistance but make sure that the advisor you choose is familiar with oil and gas leasing transactions. If the terms of the offer are not acceptable and you are interested in receiving other offers, we recommend that you advertise your mineral rights on our website and let the market know that your mineral rights are available. The market will let you know what your mineral rights are worth and you may see a significantly higher offer. To make your property stand out from our numerous listings, we highly recommend that you post a Banner Ad to ensure that your ad is easily found by oil and gas company landmen and investors. We can help you build your Banner Ad at no charge. If you visit the "Mineral Rights and Royalties Wanted" ads on our site, you can  connect directly with oil and gas property buyers, investors and landmen.

Q. Should I consider selling my mineral rights? 

A. Yes, in certain circumstances. Depending on the interest that you own, you should consider selling your mineral rights. When mineral rights properties are split through the estate process, the result may be that each relative owns a very small portion of the title (ie. 1/5th of the title to 100 acres with your relatives holding the other 4/5ths). Situations like this may result in lengthy and complicated transactions with each relative receiving only a small portion of any proceeds from a leasing or sale transaction. At some point, the paperwork associated with owning small mineral rights interests may outweigh the value. Companies, such as those listed on our site under "Mineral Rights and Royalties Wanted" make it their business to acquire small interests from land owners and may offer you a significant premium for your interests.

Q. I inherited a small interest in some non-producing mineral rights and don't know what to do next. I don't think that they are leased out to anyone. Do they still have value?

A. Yes. With the rapid onset of horizontal drilling and multi-stage fracturing, new oil and gas wells are drilled every day in areas that were previously thought to be non-productive. As a result of this technology advancement, your lands could have significant value. Many of our site viewers are oil and gas landmen and investors who are looking for opportunities to lease or buy mineral rights. Post a free ad and watch what happens.

Q. I inherited a small interest in some revenue producing mineral rights and would like to know what these rights could be worth. I believe that they have been leased out to an oil company. I really don't even know what I own in these lands but the checks are small and steady.  What do you think?

 A. Revenue producing mineral rights often have value that is primarily derived from the monthly royalty checks ("cash flow") received by you as the lessor and mineral rights land owner. Your lands have probably been leased in the past and the lease is likely to remain in place until the producing wells are no longer viable. Depending on the production history of the well(s) on your lands and the future revenue potential of these wells and your property, oil and gas investors could pay you up to 48 months of monthly cash flow - maybe more - maybe less. Do the calculation yourself - then post a free ad and see what happens. 

Q. Can you please explain what to expect in a leasing situation?

 A. Generally, if an oil and gas exploration company has concluded that the oil and gas resource potential of an area is promising, the company may decide to commit the time, money and effort into a land acquisition and leasing program in order to obtain the right to explore, drill for and produce leased substances from the project area lands. Once a leasing program is commenced, un-leased owners of mineral rights are contacted directly by the oil company or its agent with the objective of negotiating a lease. In many cases, the title and ownership to mineral rights is held in numerous split-titles, usually by the descendants of the original mineral rights owners. This situation can result in complex fractional ownership with individual mineral rights owners now living in "all corners of the world". Oil companies or brokers (acting on their behalf) attempting to lease these rights would typically conduct a land title search and then try to contact the mineral rights owners by phone, by mail or in person - provided they can be located at all. Due to the complexity and cost associated with tracking down numerous mineral rights owners, many are never contacted by the oil company and valuable lands are left un-leased. Lands are also commonly not leased for technical reasons such as lack of geological potential, limited accessibility or for environmental or economic reasons. If a successful lease transaction is finalized between the mineral rights owner and a third party, depending on the circumstances, mineral rights owners may receive lease signing bonuses and a royalty percentage of the leased mineral rights produced and sold from the leased property. Leases generally have a term of between one and five years after which the lease may continue (if  held by production or deemed production) or the lease may expire. When a lease has expired (or is near expiry) landowners may consider re-leasing or optioning the lands to a new lessee under negotiated terms. Mineral rights owners may also sell all or a partial interest in their mineral rights. Prior to selling mineral rights, we would recommend that you have an evaluation of your mineral rights completed.

Q. Do you know what my mineral rights are worth?

A. Mineral rights can have a wide range of value. Ultimately, the market decides the value but in many cases the market simply doesn’t know how to find you. That’s where our mineral rights advertising service can help. We recommend that you post an ad on this site, contact a landman, lawyer or attorney or visit www.baycrestenergy.com for more information.

Q. What can I expect if someone wants to lease my oil and gas mineral rights?

A. If a successful lease transaction is finalized between a mineral rights owner and a third party, depending on the circumstances, mineral rights owners may receive significant lease signing bonuses and a royalty percentage of the oil and gas produced and sold from the leased property. Leases generally have a term of between one and five years after which the lease may continue (if held by production or deemed production) or the lease may expire.

A. Register online now at no cost and with no obligation. Once you have registered, you will receive a confirmation email from us. Please remember your password and use it for future ads. To build your ad, just fill in the fields required and provide details about the properties that you are advertising. Once you have submitted your ad to us, your ad will be marked "Pending" until our editors have approved your ad submission. Once approved, your new ad will be shown online for free for one year. You can add an image to your ad - but please note that PDF images will not work.

Q. When I create my new ad and send it to you – what happens next?

A. Usually within a few hours of submitting your ad to us, your property ad will be online and can be viewed by hundreds of petroleum landmen, investors, lease brokers and oil and gas companies that monitor our website. Your ad can be seen 24/7 by a very large audience - the world.

Q. Is my personal information kept confidential?

A. We endeavor to keep all personal information that you provide to us confidential except for information that you have consented to or provided for publication on this website. Please read our Liability Disclaimer and Privacy Policy for more details. We do not provide your confidential information to any third parties.

Q. Can I keep my name confidential and use your company as the primary contact for any inquiries about my ad?

A. Yes. If you would like to advertise and use us as the primary contact, we can provide you with a Confidential Ad Listing for a fee of $100.00 US or Cdn per ad per year. We will be the primary contact for you during the listing period. When you register, click on the box "Hide My Contact Details" and we will contact you and act as your agent. We will contact you after you register. Do not check this box if you want to post a free ad because your email address will not be accessible to site viewers.

Q. What does it mean when I am listing with your service?

A. When you list an ad on our site, you are advertising your property for lease or sale on your own terms. You have no contract or obligation to us. 

Q. Once I sign up, do I have sell my property with you?

A. No. We are an online advertising service and you have no obligation to us other than to pay ad fees, if any, after the 365 day free period. You can list your ad on our site for free for one year or delete your ad anytime - with no obligation.

Q. Do I have to sign a contract of any kind?

A. No. Ads are free for one year and you can cancel anytime.

Q. Do I have to pay fees or commissions when advertising with your service?

A. No. We do not charge fees or commissions.

Q. What is the minimum advertising period that I can request?

A. No minimum period. Ads can be posted for free for one year on our website unless you (or we) take your ad offline during that time period. After the free period, your ad will stop running and we will contact you by email. If you choose to continue with your ad at that time, you can then continue your ad for up to 365 days for a fee of $100.00 (+ tax), or you may cancel anytime with no cost or obligation. If you decide to continue advertising with us, our fees are pennies a day - a fraction of the cost of a newspaper ad.

Q. Do you charge me an advertising fee?

A. No. Basic Ad listings are free for one year from publication date. Cancel anytime.

Q. How do I pay for any fees that I might agree to pay you in the future?

A. You may pay us by check or online via PayPal. Contact us for details.

Q. If I decide to retract my ad before publication, can I change it or delete it?

A. Yes. If your Basic Ad is not published yet, you may delete it or change the content. It is up to you - subject to our editorial review.

Q. Once my ad is online, can I cancel it?

A. Yes. You can login and delete your Basic Ad at anytime.

Q. If I want my ad to be a featured Banner Ad, what do I need to pay?

A. Your ad can be posted as a featured Banner Ad for an annual fee of $300.00 (+ tax). Sign up on any of our pages.

Q. Once my ad is online, can I edit it?

A. Yes. Once you have published your ad on our site, you can edit, pause or delete your ad anytime. If you edit your ad, it will not be reactivated until we have approved the edits you have made. If you delete your ad, you may never know who would have been interested in your property, but the decision is up to you.

Q. Can I advertise anything I want on this site?

A. No. Our ad service is specifically designed for oil and gas mineral rights and royalty properties and drilling deals.

Q. Can you reject or cancel my ad?

A. Yes. Our editors  review all ads for potentially offensive or misleading material and we reserve the right reject or cancel any ad at any time. If we reject your ad submission for content reasons, you will have an opportunity to correct the content. If an ad submission is not corrected in a timely manner, your ad will be rejected. We also reserve the right to cancel and delete any ad at any time, without notice.

Q. Who is responsible for ad content?

A. You are. Advertising Clients are solely responsible for ad content. This website provides an advertising service only and as such, we are unable to verify any Client supplied information. See our Liability and Disclaimer Policy for further details.

Q. Are you going to send me unsolicited emails?

A. No. 

Q. Do you have a Privacy Policy?

A. Yes. You may review our Privacy Policy by clicking here.

Q. Why are the ads now free for one year? 

A. We now provide our ad services for freefrom date of first publication so that we can create increased interest in our website. We now have over 500 property ads online. If more ads are posted, more viewers have a reason to visit our site. To promote our website, we often pay monthly advertising fees to the major search sites in order to maximize the exposure of our Clients ads on the main search engines. If you see value in the services that we provide, please tell your friends, relatives and business associates about us.

Q. What if I have more than 1 ad to post - can I do that?

A. Yes. Post as many ads as you want, subject to our right to edit.

Q. Can I advertise as a Banner Advertiser or put featured Properties on your site and a link to our Company?

A. Yes. Click on  "Banner Advertising Clients - Click here"  and sign up for a Banner Ad. Banner Ads can be posted online for $300.00 (+ tax) per year. As our listings grow, posting a Banner Ad is the best way to feature your property or Company on all of our pages. If you need help building your Banner Ad, just send us an email and we can help.

Q. I don’t understand all the details of land leasing and negotiations. What do I do?

A. Go to our Links page and connect to a landman or attorney in your area.