Our Process

 

What to Expect When Selling Your Minerals

Vintage Oil & Gas has closed over 1,000 mineral transactions in the 38 years of combined experience in North Dakota, Montana, Wyoming, Colorado, Oklahoma, and Texas. We encourage mineral owners to rate their hassle-free experience on-line.

 
 

Gather Information

After a brief introduction we will request a check stub or legal description so we can get a better idea of what you own.


Appraisal of Mineral Rights

Our team of engineers and land professionals will provide a value for the mineral rights. We analyze current production and decline rates of the existing wells and we also factor in the possibility of future drilling. We provide a full offer within 5 days or less.


Purchase & Sale Agreement

Once a tentative agreement has been reached, we will send a Purchase and Sale Agreement to be signed by both parties. Once the Purchase and Sale Agreement is signed, we will preform our due diligence and make sure there are no liens, mortgages, etc. recorded against the property.


Closing

We typical close in 10-30 business days depending on the number of properties that we need to research. The seller will have choice of receiving their funds either by check or by wire transfer.