North Eastern Resources buying royalty interests - GoMarcellusShale.com2024-03-28T16:45:49Zhttps://gomarcellusshale.com/forum/topics/north-eastern-resources-buying-royalty-interests?commentId=2274639%3AComment%3A611316&x=1&feed=yes&xn_auth=noThanks everyone for your insi…tag:gomarcellusshale.com,2014-08-14:2274639:Comment:6113162014-08-14T12:39:00.622Zlancehttps://gomarcellusshale.com/profile/lance362
<p>Thanks everyone for your insight and advice. They don't want the mineral rights just the royalty interest from the gas and oil. At least that's what the guy told me. I will look into this further and have an attorney look at this agreement before I sign anything..... </p>
<p>Thanks everyone for your insight and advice. They don't want the mineral rights just the royalty interest from the gas and oil. At least that's what the guy told me. I will look into this further and have an attorney look at this agreement before I sign anything..... </p> Get a good lawyer before some…tag:gomarcellusshale.com,2014-08-14:2274639:Comment:6109132014-08-14T03:20:59.281Z015334grltd9mhttps://gomarcellusshale.com/xn/detail/u_015334grltd9m
Get a good lawyer before someone here goes to jail for practicing law.
Get a good lawyer before someone here goes to jail for practicing law. It should be very straightfor…tag:gomarcellusshale.com,2014-08-14:2274639:Comment:6108332014-08-14T02:54:28.735ZDexter Greenhttps://gomarcellusshale.com/profile/DexterGreen
<p>It should be very straightforward. A mineral rights sale is infinitely more complicated and requires much more heavy lifting by an attorney. </p>
<p>It should be very straightforward. A mineral rights sale is infinitely more complicated and requires much more heavy lifting by an attorney. </p> At first glance it looks (rea…tag:gomarcellusshale.com,2014-08-14:2274639:Comment:6105122014-08-14T02:48:14.150ZJoseph-Ohiohttps://gomarcellusshale.com/profile/JosephEPowell
At first glance it looks (reads / sounds) like a pretty concise way of putting it.
At first glance it looks (reads / sounds) like a pretty concise way of putting it. If it's me then I'm selling t…tag:gomarcellusshale.com,2014-08-14:2274639:Comment:6108292014-08-14T02:45:16.932ZDexter Greenhttps://gomarcellusshale.com/profile/DexterGreen
<p>If it's me then I'm selling them potential cash flow and telling them that they have no rights beyond collecting a check every month. That's all the contract allows them to do. I wouldn't sign anything that said otherwise.</p>
<p>If it's me then I'm selling them potential cash flow and telling them that they have no rights beyond collecting a check every month. That's all the contract allows them to do. I wouldn't sign anything that said otherwise.</p> Lance, that's not how royalty…tag:gomarcellusshale.com,2014-08-14:2274639:Comment:6105112014-08-14T02:44:17.838ZDexter Greenhttps://gomarcellusshale.com/profile/DexterGreen
<p>Lance, that's not how royalty ownership works. They have zero influence over any future negotiations unless you actively ask them to participate. Look at it this way: you own an apartment with five renters. I want some cash flow and you need money now to pay off a lingering bill. I buy the rights to the rental income generated from two of your tenants. I don't own your building. I can't show up and start asking your tenants for more money. I own nothing but the right to a portion of…</p>
<p>Lance, that's not how royalty ownership works. They have zero influence over any future negotiations unless you actively ask them to participate. Look at it this way: you own an apartment with five renters. I want some cash flow and you need money now to pay off a lingering bill. I buy the rights to the rental income generated from two of your tenants. I don't own your building. I can't show up and start asking your tenants for more money. I own nothing but the right to a portion of the cash flow. When it comes time to renegotiate the rent prices it's not my decision. It's your building and they're your renters. I'm at the mercy of the limited contract that you and I signed. </p>
<p></p>
<p>Jonathan is correct. There's a huge difference between royalties and mineral rights. Huge difference.</p> Lance,
You need to be clear…tag:gomarcellusshale.com,2014-08-13:2274639:Comment:6108172014-08-13T23:49:29.631Zjonathan M.https://gomarcellusshale.com/profile/jonathanM
Lance,<br />
<br />
You need to be clear on what they are buying. Royalty or minerals. Huge difference. Find out then you can determine what value, if any, a potential partnership could bring.
Lance,<br />
<br />
You need to be clear on what they are buying. Royalty or minerals. Huge difference. Find out then you can determine what value, if any, a potential partnership could bring. Dexter,
No 'relationship' bey…tag:gomarcellusshale.com,2014-08-13:2274639:Comment:6104872014-08-13T19:29:51.695ZJoseph-Ohiohttps://gomarcellusshale.com/profile/JosephEPowell
<p>Dexter,</p>
<p>No 'relationship' beyond striking a sales agreement. Any company not just this one.</p>
<p>Agreements / Special Conditions can preclude perhaps costly challenges later.</p>
<p>Forget about Christmas Cards from us - we would just want a square deal.</p>
<p>Thanks for your reply.</p>
<p></p>
<p>Dexter,</p>
<p>No 'relationship' beyond striking a sales agreement. Any company not just this one.</p>
<p>Agreements / Special Conditions can preclude perhaps costly challenges later.</p>
<p>Forget about Christmas Cards from us - we would just want a square deal.</p>
<p>Thanks for your reply.</p>
<p></p> They buy a portion of the Roy…tag:gomarcellusshale.com,2014-08-13:2274639:Comment:6107332014-08-13T19:18:22.851Zlancehttps://gomarcellusshale.com/profile/lance362
<p>They buy a portion of the Royalties and then are considered partners with the landowner. They help negotiate any new lease agreements with there lawyers and share info with the landowner about certain issues that may arise. If they buy 50% of your say 20% that leaves you 50%. So 50/50 partnership with your oil and gas interests</p>
<p>They buy a portion of the Royalties and then are considered partners with the landowner. They help negotiate any new lease agreements with there lawyers and share info with the landowner about certain issues that may arise. If they buy 50% of your say 20% that leaves you 50%. So 50/50 partnership with your oil and gas interests</p> I question why anyone would w…tag:gomarcellusshale.com,2014-08-13:2274639:Comment:6104842014-08-13T19:08:24.029ZDexter Greenhttps://gomarcellusshale.com/profile/DexterGreen
<p>I question why anyone would want a relationship with this company. What does a landowner gain? You're selling them something, they're buying it, done deal. No need for these guys to be on your Christmas card list. Landowner has executive rights, so Northeastern has no control over any future decisions. </p>
<p>I question why anyone would want a relationship with this company. What does a landowner gain? You're selling them something, they're buying it, done deal. No need for these guys to be on your Christmas card list. Landowner has executive rights, so Northeastern has no control over any future decisions. </p>