Many Landowners in PA Opting to Sell Royalty Rights
From the Pittsburgh Post-Gazette:
No doubt this is something that many in our area have considered doing, or even done, themselves. What do you think of the idea of flipping your mineral rights for immediate payment? Feel free to share your thoughts in the comments.
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The investment firms moving into the region are offering to buy those left-behind mineral rights. Landowners get money for that vacation home today, and the investment firm gets access to the royalty payments that may -- or may not -- come later.
If there's one word associated with the practice, it's risk -- risk for the company that might acquire useless mineral rights, and risk for the landowner who could miss out on lucrative royalty payments in the future.
Read more about this here.The investment firms represent investors as varied as pension funds and Ivy League universities and bring a level of speculation typically found on Wall Street to the farmlands of Western Pennsylvania.
No doubt this is something that many in our area have considered doing, or even done, themselves. What do you think of the idea of flipping your mineral rights for immediate payment? Feel free to share your thoughts in the comments.
Connect with us on Facebook and Twitter!
Follow @EnergyNewsBlog