A mineral/royalty owner has options when it comes to seeing their properties developed: (i) if and when you want it developed and (ii) who you want to do the development. Furthermore, when a mineral owner negotiates and executes a lease with an oil and gas company that company has a number of obligations to meet and you are potentially beginning a long term relationship with that company.
If you are approached by someone asking you to lease your land, start the conversation by asking this question:
Do you work directly for the company wanting to drill the well or are you acting as an agent?
Often times, an agent is measured simply by his/her ability to get the lease signed, will tell you what you want to hear, and has no real ‘say so’ or the backing of the company itself in any statements or promises made by him/her. Reserve has a long standing, proven track record of valuing its relationships with mineral/royalty owners. It usually all begins with initial contact direct from Reserve’s Land Department to relay our interest in leasing. Coupled with the fact that we live and work here too, we are committed to dealing honestly and fairly.
We recognize that you may have questions and/or concerns from time to time, so we established this section of our website to make it easier for you to get the information you need quickly and conveniently. Over the next few months, this section will be further enhanced to permit you to access a summary of your royalty payment information, tax information, periodic production comments/memos and more. We hope that you will use this site as a reference for your mineral/royalty owner needs as well as a resource for the latest happenings at Reserve Oil & Gas. As always, should you require any additional information or need to voice a concern,please feel free to contact us anytime.
Sincerely,
David A. Freshwater
President





