Valuation Analysis of unproven gas/oil minerals

Our new CPA has a great program for structuring gas/oil assets BEFORE they are leased/sold that REDUCES the taxes greatly! In order to best use the strategy we need to establish the value of the gas/oil in the Utica/Point Pleasant Formations which is what we are going to lease. I see there is a computer program used since the 1990's, not sure how updated it is...and I see some mineral  assessors advertising. Has anyone had any experience in getting their unproven minerals valuated? Please share any details. Thank you!

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Permalink Reply by Frank Walker on April 3, 2014 at 9:49am

Dude, give it up.  I don't care if you're 176 years old.  You're still not getting any of my money!!!!!!!!!!!!!!!!!!!!!!!!!!!

Oh, and BTW:  We both may own land in the country.  But only I actually live in the country 24/7/365, and have my entire life . . . . . . city boy.

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