Investment group offers?

I'm just curious.Is it a good idea to stay away from potential good offers from investment companies? I have not seen the lease yet, but I hope to this week. I am pretty sure it is not as solid as the landowner groups are, but it did grab my attention since I don't have anyone knocking on my door, but I am going to be careful about the lease details when I see them. I would appreciate any thoughts. Should I wait for a reputable company to make me an offer?

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0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on January 13, 2013 at 11:37pm

Here's the bottom line: you sign the lease that offers you the best terms, rates and payments.  If those all come from a company that is going to flip your lease do you really care?  Someone will eventually own your lease and will have operational responsibility.  Does that matter to you if you got a great deal?

Who owns your mortgage?  Not the bank that originated it, who owns it today?  Odds are you don't know.  I make my monthly payment, rain or shine and I don't give a damn who ends up with the money because I got what I wanted in the original contract.

Permalink Reply by Bob on January 14, 2013 at 10:23am

John,always check out any company you deal with.  Make sure they have the financial ability to pay and their past history in the area.  Are they going to pay the upfront money or try to flip it first.  Get a 90 day payment deadline or less tomake sure you dont getlock out for too long if the deal dont work.  I personally wouldnt sign with anyone who dont have the ability to drill a well theirself . Go with a known oil company.

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