People Often Ask…

What is oil and gas mineral interest?

Mineral interest confers the right to extract, modify and sell the minerals that underlie a defined parcel of property. In the oil and gas industry the term minerals narrowly refers to sub-surface hydrocarbons.

Why would I want to sell my minerals and why does Wolf Resources want to buy them?

Preserve capital by eliminating your risk in the volatile oil and gas market Convert your minerals into a cash lump sum today & invest as you wish:

  • Pay off mortgage, vehicle, education, or any other debt
  • Build/ renovate home
  • Finance retirement or college
  • Take a vacation
  • Long-term capital gains tax advantages vs. ordinary income tax
  • Utilizing a 1031 exchange to invest tax-free dollars into another property

Why sell my minerals to Wolf Resources?

Wolf Resources offers competitive prices and top notch client support. We are a local, family-owned company with a high level of expertise throughout numerous basins in addition to the DJ Basin in Colorado and Wyoming. We understand that other mineral acquisitions companies exist, but we strive to act as trusted advisor and guide to our clients throughout the sale process while exercising ethical practices, where many other companies fail to do so.

How do I determine if I own minerals?

Some mineral owners know that they own minerals but do not know the exact amount of net mineral acres. The only way to know is to run patent to present title, which is extremely costly and can be very complex. Wolf Resources LLC has an experienced title department and will always confirm once under contract.

What is the difference between signing a lease and selling my minerals?

An oil and gas lease is an agreement between parties to allow a lessee (oil and gas company/production crew) to have access to the property and minerals on the property of the lessor (mineral owner). The sale of minerals is a one-time lump sum cash payment that allows you to maximize the value of your asset now, and de-risk yourself from the volatility in the oil and gas market.

How do you determine value of my minerals?

  • The quality of the geology and engineering of the acreage
  • Royalty percentage
  • The timing of any future possible production/development activity
  • Oil and Gas price
  • Historic production results

Why are my mineral acres different than my surface acres?

It is not uncommon for previous owners of the property to sever or reserve the minerals to themselves when selling the surface.

How will I be paid and how long will it take?

After signing and returning the offer letter and mineral and royalty deed, you can expect a check or wire payment from Wolf Resources after we have verified title within 45 business days. We will keep you updated throughout the process.