Replies to This Discussion

Permalink Reply by Jacob Fewx on August 3, 2014 at 2:58pm

A couple ways to check on companies is there is a website ...I think it's spokea...that will list all businesses, owner, partners, size, and type. See who is on the board then search the owner and board members names on the same site and see what other companies they are associated with. Most the m I neural buying and leasing middle men seem to be registered out of Texas. And quite a few are Co-chairs on each others boards. They even go as far as getting local cell numbers in WV and OH to make themselves seem local.

Permalink Reply by Jacob Fewx on August 3, 2014 at 3:03pm

It bizapedia and they are out of Houston. Also a company called siltstone capital. Which is a hedge fund energy resource management company. They buy your minerals from the resource company the transfer it to the capital hedge company then create a hedge fund and sell it off with a big profit and royalties. If u are looking to sell there are better ways and people to do it with like a mineral broker.

Permalink Reply by Martha Lee Vincent on October 14, 2014 at 3:45am

I agree, Jacob.  They intend just to make big money for themselves.

Permalink Reply by Martha Lee Vincent on August 4, 2014 at 1:45am

A representative from Siltstone came to my house.  It was obvious that they were looking for people who wanted money fast and would sell or lease their mineral rights cheaply.  Their offer was ridiculous and I didn't even consider it.  I think they are only in business to buy minerals or lease only to flip to drillers.

Permalink Reply by jason irvine on August 5, 2014 at 11:16am

What was there offer. Keep us informed please

Permalink Reply by Martha Lee Vincent on August 6, 2014 at 1:18am

Their offer was $1000./ acre.  I just said NO.

Permalink Reply by Rodney Jones on October 14, 2014 at 3:07am

I sold my mineral rights to siltstone and they paid what they promised. The guy that came to my house was very nice and I would recommend them to anyone who is interested in selling their mineral rights.

Permalink Reply by Martha Lee Vincent on October 14, 2014 at 3:43am

I'm sure they would pay right away, but they pay very little.  Their goal is to buy cheap and flip to a driller to make millions for themselves.  Yes, I talked to the guy, he is nice, but I declined in favor of a good contract with someone else.  Signing a poor contract is hurting MO.