We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use.
Click "here" to read our Cookie Policy. By clicking "Accept" you agree to the use of cookies. Read less
Absolutely! You can sell or transfer it just like a piece of real estate, but make sure you get all the paperwork in order.
Owning this interest can lead to income, which may have tax implications. It’s wise to chat with a tax expert to keep Uncle Sam happy!
Pooling means combining different leases to extract resources more efficiently. It’s like bringing different teams together to win a game!
Reserves are the estimated amounts of oil or gas that could be pulled from the ground. They’re important because they tell you how valuable your interest might be down the road.
A single lease means you're dealing with just one piece of land. It's like having a one-room cabin instead of a big mansion!
Non-producing means there’s no oil or gas being extracted yet. Think of it as holding onto a ticket for a show that hasn’t started.
It's a fancy way of saying you're transferring a slice of the profits from oil, gas, or minerals without giving up ownership of the land.
Trusted and secure by over 3 million people of the world’s leading companies
Colorado Springs Colorado Assignment of Overriding Royalty Interest (Non-Producing, Single Lease, Reserves Right to Pool)