In this episode, we shout out listeners who left a review on Apple Podcasts and we answer the questions that were submitted by Butch, Gregg, Frank, and Ken via email. In fact, we had so many questions in the backlog that we had to split this into two episodes. Stay tuned for Part Two next week!
Thanks again to everyone who left a review or who submitted a question! If you have a question about your minerals or royalties, you can send it to feedback@mineralrightspodcast.com and who knows we might just answer it on the air.
This feedback really helps keep us going and helps make sure that we are putting out content that is tailored to your needs. So if this has been helpful, please take a moment and leave us an honest rating & review on Apple Podcasts.
I hope you enjoy! Thanks – Matt
Shout Outs!
Thanks to everyone who left a review on Apple Podcasts. Here are a couple of the latest reviews and emails that we’d like to shout out:
Matt and Justin,
Pete in Wisconsin
I’ve listened to several of your podcasts and have found them all to be well done and informative.
Thanks!
Listener Questions
If Biden wins the presidency, will the price of natural gas go up or down?
Butch writes in again to ask:
If Biden wins the presidency, will the price of natural gas go up or down? Will fracking continue on active existing wells that are on private land?
Best,
Butch
Do you have a calculation that can help me calculate the net royalty acre per a lease?
I am novice in the business of acquisition, but have some knowledge. I am utilizing your spreadsheet to calculate net royalty acre using an oil lease. I have the royalty interest on the lease and the spacing. Do you have a calculation that can help me calculate the net royalty acre per a lease? I tried using the spreadsheet, but I do not know the owners NMA or interest. Thanks, and appreciate your assistance.
Gregg
What is 0.220459 net acres ?
Frank asks:
What is 0.220459 net acres ?
I am trying to evaluate offers to purchase my mineral rights in East Texas, Haynesville Shale
Ken asks:
I am trying to evaluate offers to purchase my mineral rights in East Texas, Haynesville Shale. What is the best to evaluate? What do I need to watch for? How do I negotiate? Do I need an attorney to review documents before signing?
I received two offers a couple weeks ago, and I held off on making a decision until I spoke with my financial advisor and CPA about tax implications. I don’t know how long they are willing to wait on my decision but I feel that I need to make a decision soon. I want to maximize the offers. I need to let one company know that their offer is lower than another. And I probably need to get a valuation done.
Resources Mentioned in this Episode:
- What is the Difference Between a Net Mineral Acre (NMA) and a Net Royalty Acre(NRA)?
- MRP 16: What You Need to Know about Oil & Gas Division Orders
- MRP 70: 5 Tips if You Are Thinking About Selling Mineral Rights
- MRP 78: How to Sell Your Mineral Rights or Royalties For The Highest Price
- MRP 55: Get Oil and Gas Data For Free with WellDatabase
- Texas Railroad Commission Public GIS Viewer (Oil & Gas Data)
- Never Split the Difference by former FBI Hostage Negotiator Chris Voss is THE book on negotiation. Whether for your business or your personal life like negotiating a higher salary at work, negotiating the best Oil & Gas Lease or getting top dollar with the sale of a property, this book just works. “In this practical guide, he shares the nine effective principles―counterintuitive tactics and strategies―you too can use to become more persuasive in both your professional and personal life.”
Thanks for Listening!
To share your thoughts:
- Leave a comment or question below (we read each one and your question may be featured in a future episode)!
- Ask a question or leave us feedback via email or voicemail: (720) 580-2088.
To help out the show:
- Leave an honest review on Apple Podcasts or wherever you get your podcasts – we read each one and greatly appreciate it. Plus, you can get a shout out on a future episode!
Thanks again – until next time!
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