Category: Industry

Industry Understanding Oil and Gas Mineral Lease Bonus

Understanding Oil and Gas Mineral Lease Bonus

At LandGate, our clients often ask if they should demand a higher oil and gas mineral lease bonus payment or a higher oil and gas royalty when negotiating an oil and gas lease. That’s a great question. Not all mineral rights owners are in the same financial situation. So, although this is a lease bonus …

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Industry Rosehill Resources Valued at $350 Million

Rosehill Resources Valued at $350 Million

On July 26, 2020, Rosehill Resources Inc. (“Rosehill”) filed for Chapter 11 bankruptcy as the company pursued a restructuring plan with its creditors. Rosehill quickly announced on September 8, 2020, that the company emerged from Chapter 11 bankruptcy with a plan to give its creditors control of the company. According to the announcement, “all of …

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Industry How Do I Find Out If I Own the Minerals Under my Land?

How Do I Find Out If I Own the Minerals Under my Land?

Here at LandGate, we get many calls from property owners concerned that their neighbors are being paid for their mineral ownership, but they aren’t. The caller might say something like their family has owned this property for over 20 years and they want to know how to find out if they own the minerals. There …

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Industry National Land Realty, LandGate Partner to Create Nation’s Leading Land Marketplace Platform Resources, Services, Land Intelligence All in One Place

National Land Realty, LandGate Partner to Create Nation’s Leading Land Marketplace Platform Resources, Services, Land Intelligence All in One Place

Resources, Services, Land Intelligence All in One Place   Greenville, SC and Denver, CO – National Land Realty (NLR) and LandGate (LG) have announced a strategic partnership to expand services, data intelligence, and marketing capabilities within the land industry. “LandGate has developed incredible tools and valuation models for mineral, wind, solar, water, and other resource …

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Industry Is It Easier to Sell Minerals in 2020?

Is It Easier to Sell Minerals in 2020?

Despite the fact that we are experiencing a down market, a “down time” can be a “good time” for mineral owners. One could argue that minerals are more marketable now than they were in 2019. There is plenty of data that seems contradictory to this claim. For example, the Wyoming Oil & Gas Conservation Commission …

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Industry Asset Valuation of Chesapeake Energy

Asset Valuation of Chesapeake Energy

LandGate evaluated the asset value of Chesapeake Energy (“CHK”) after the company filed for Chapter 11 bankruptcy projection on June 28, 2020. According to the press release provided by Chesapeake, the company “entered into a Restructuring Support Agreement (‘RSA’) with 100% of the lenders under its revolving credit facility, holders of approximately 87% of the …

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Industry Asset Valuation of Extraction Oil & Gas

Asset Valuation of Extraction Oil & Gas

On June 14, 2020, Extraction Oil & Gas (XOG) announced that the company filed for Chapter 11 to relieve its debt burden of nearly $1.5 billion. The company has obtained $125 million in debtor-in-possession financing facility underwritten by Wells Fargo and has entered into a restructuring support agreement with certain unsecured noteholders in a debt-for-equity …

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Industry Asset Valuation of Freedom Oil and Gas

Asset Valuation of Freedom Oil and Gas

On May 11, 2020, Freedom Oil and Gas filed for Chapter 11 bankruptcy in Houston, Texas. According to the Houston Chronicle, the company said it was unable to pay its more than $10 million of debt as revenues have plunged during the global coronavirus pandemic.  A full reserve report and economic results for Freedom’s assets …

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Industry LEARN ABOUT LEASING OR SELLING SOLAR ENERGY

LEARN ABOUT LEASING OR SELLING SOLAR ENERGY

FAQS ABOUT LEASING OR SELLING SOLAR RESOURCES Are you collecting as much money as you can for your property? Good chance you’re NOT. In this issue of the LandGate Blog, I want to answer some of the questions we get about solar farms, solar panels and how much you can make by leasing your property …

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Industry Entoro and LandGate Form Alliance for Oil and Gas Minerals Marketplace

Entoro and LandGate Form Alliance for Oil and Gas Minerals Marketplace

Houston, Denver | Released May 18, 2020 Oil Shock Presents Profound Buying Opportunity The current oil shock presents a generationally attractive entry point for investors to acquire oil and gas minerals  Historically, oil and gas minerals have been a foundational asset for many family fortunes This attractive asset class is increasingly available to more investors …

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