An oil, gas and mineral lease is an agreement between the mineral owner and OpTeryx outlining the basic terms of developing lands or minerals such as royalty to be paid, length of time, description of property.
Reasons for OpTeryx Lease
An upfront payment, lease bonus, will be paid to the mineral owner. The lease bonus is a sum of money agreed upon by both the owner and OpTeryx.
The royalty payments come from an agreed upon percentage of the profits of the oil and gas production.
Process for OpTeryx Lease
Our expert Engineers and Geologists perform an in-depth analysis of the land and mineral rights to determine the most accurate value.
Oil, Gas and Mineral Lease
Our team of industry experts will draft documents and work directly with the owner and personal advisers to expedite the process as quickly
and pleasantly as possible.
At the time of closing, the mineral owner will receive a bonus for entering into the lease agreement with OpTeryx.