It Is All About Technique and Technology
Mineral Royalties Group bought a property that had a well completed in 2012. In 2019 the multi-billion-dollar oil company drilled 7 new wells in the same property. These 7 new wells produced more oil and gas per well, in a year and a half, than the first well did in nearly 8 years. Four years into the life of the wells, each of the 7 new wells were still producing 25 times more oil per month than the first well did.
The 7 new wells were probably a $70 million dollar investment by the oil company, and it cost our company zero dollars. Why? Because we own the oil and gas in the ground. We are the mineral owner of that property. This is why we buy mineral property.
To hear David Blackmon, ( https://www.linkedin.com/in/david-blackmon-2325189/ ) an expert in the Oil and Gas industry, speak about this subject, click on a link below.
LinkedIn https://www.linkedin.com/events/eiaversusopec7052586840981164032/comments/
YouTube https://www.youtube.com/watch?v=2LlZe5yfLB8
If you would like to learn how to receive royalty income on properties like this, feel free to give us a call. Thank you!
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We offer FREE reviews if you are evaluating an oil well drilling or re-work deal. Give us a call or send us an email.
Uncover ways to use 1031exchange #funds to #purchase a mineral property.
Visit our website. https://mineralroyaltiesgroup.com/
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This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA, or financial advisor and I am not giving legal, financial, or tax advice.
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