Hi....I have a buyer that is looking to purchase a oil ranch that is either producing or has the ability to produce. Buyer is ready to go and has the funds available.
Hi....I have a buyer that is looking to purchase a oil ranch that is either producing or has the ability to produce. Buyer is ready to go and has the funds available.
Hmmm. Sounds like your buyer actually wants mineral rights. If you mean some ranch in Texas that has oil wells on it, then its very likely the mineral rights and the surface rights are separate. Buying the land wouldn't get you any rights or royalties for the oil production. To get the royalties, you'd have to own the mineral rights. Buying those wouldn't require owning the surface.
Thanks.., That's nice to know. I will inquire what direction the buyer wants to go in. I truly appreciate your reply.
Why don't they consider a refinery? I mean, would they?
I work with oil leases and oil projects, besides gold and diamonds so if you have any investors who want to get into the oil business with a working interest in the oil wells, please contact me.
Thanks,
Patricia
Patricia...whats the best way to contact you? Please sned email or phone info. Thanks