1. I received a letter from Reserve Royalty Company wanting to know if I want to sell my Royalty or Overriding Royalty Interest. What should I do?
If you are interested in possibly selling your mineral or Overridding Royalty Interest, sign the letter at the bottom, check "yes" and mail or fax the form back to us. Alternatively, you can scan the completed form and send it to us as an e-mail attachment.
2. What will Reserve Royalty Company offer me for my Royalty or Overridding Royalty Interest?
This depends on a case by case basis. Our Engineering department will evaluate your interest and determine a price to offer you, at no risk or obligation to you. We will then send you a letter with this offer.
3. What if I am interested in selling my mineral interest?
Our offer letter has a place for you to accept or decline the offer at the bottom. Should you choose to accept, simply mark "yes", sign the letter above your printed name and mail or fax it back to us. Alternatively, you can scan the completed form and send it to us as an e-mail attachment.
4. Who will prepare the deed or other conveyance document should I agree to sell my mineral or Overridding Royalty Interest?
Reserve Royalty Company will prepare all conveyance documents at no cost to you.
5. Will Reserve Royalty Company offer me a quote for my Working Interest property?
Perhaps. This will need to be evaluated on a case by case basis. If you're interested in selling your Working Interest, you should contact Reserve Royalty Company for an evaluation of the worth of your Working Interest.