Localfund.com - All about Fund and Investment
*Home>>>Investor

If I own the lease on mineral rights for a natural gas field, am I allowed to sell a portion to an investor?


I want to sell a portion of interest in a gas well that has been drilled and capped. But I don't know who would buy such a thing. Nobody seems to understand that there is litteraly 10's of millions of dollars (USD) right under my feet and I just want to get it out of the ground.I have all the engineering reports and a pluged up hole in the ground @ 19,000 psi and when I talk to people about selling interest in the well to fund the extraction process they look at me like I'm from Mars. WTF?

Well hell natural gas was up a lot for the past couple years. The capped wells I know about in Kansas have been turned back on. There must be something wrong with your well if no one wants anything to do with it. Maybe the gathering pipelines in your area are shut off now or broke down.

Email me at farmall@hotmail.com with more information about the general location and I'll talk to some guys I know in the business about if they know any operators in the area.

If it's yours you can do whatever you want with it. There is probably someone willing to buy it. How you are suggesting is not practical at all. Tens of millions of dollars? I doubt it.

Tags
  Make Money   Low Risk Investment   Long Term Investment   Investor   Investment Fund   Investment Trading   Investment Strategy   Investment Services
Related information
  • I want to invest 10000rs in shares suggest me a good scrip so that i can make profit,i am a shorterm investor?

    Reliance Telecom !

    ...
  • I have a plan on intrnet(web site), I need a capital to do it , How can I find a best investor?

    If you have plans to sell something your prospects for getting attention on the internet is slim. I would advise you to just start small and get a website out there... you can do it for 50 dolla...

  • Using the internet, how can I learn the name of who purchased a property in NYC, i.e. if developer or investor

    Check the county website's property records. Most counties have that info online. As long as you know the address, you should be able to see the owner of record. If there's been a rece...

  • Who would be the best to ask on how to sell a portion of my company stock to a potential investor or v c?

    i'd recommend you talk to your partners first, then your lawyer, then your accountant. These persons are in the best position on how this transaction will affect your company. In the end, list...

  • I averaged about a 12% return last year from the stock market, is this above or below average for an investor?

    That's an excellent question. If you spread your money across the US stock market then the answer is you did very good. Do you know your beta (risk) and alpha (return relative to risk) num...

  • How do I find investors in my home state of SC?

    Where in SC are you located? I have 2 properties that I am looking to move on a rent-to-own basis. One is a SFR in Gaffney, the other is a 4-plex in Spartanburg. Email me or call me at 616-821-5917...

  • Investors say my BP sounds "too good to be true" even though I dropped projected numbers to 30%, what do I do?

    If you're that confident of success, then take use a credit card or two. You'll be able to repay them long before the interest cost amounts to much.

    ...
  • Do investors serve like banks?

    That is one way to invest. What you describe is just a loan, which is an investment with a structured return. Other investments are equity investment, when you are actually part owner of the en...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster