Mineral & Royalty Documentation Checklist

Name: Soller Piano
Item: Venergy Momentum Oil & Gas
Rating: 5
Author: admin

Mineral & Royalty
Documentation Checklist

Venergy Momentum Oil & Gas

Documentation Collection for Mineral & Royalty Divestiture or Appraisal

Document Checklist Summary

Thank you for trusting me to help with your mineral and royalty needs. I’m available to answer any questions you have via email, text, or phone call.

Kyle D. Venema, Founder
(713) 855-9548
KyleV@VenergyMomentum.com

Document Checklist:

Below is a detailed list of documents, statements, and other information to learn about your asset(s). Review this material in detail per the instructions provided. If you do not have the document(s) requested, please send me what you do have.

Revenue Statements - Six (6) consecutive months – ALL PAGES. If you did not receive a revenue statement every month, just send the last 6 revenue statements received. Division Orders - New and old – ALL PAGES. Oil, Gas, and Mineral Lease and/or Assignments Title/Conveyance Documents: Deeds, Last Will & Testaments, Affidavits, Trusts, Heirship, etc. Offer Letters from Mineral Buyers - New and old; to lease or buy your assets County Mineral/Royalty Tax Statements - NOT federal tax returns. Previous Mineral and/or Royalty Appraisals/Valuations

How to Send:

Email documents to KyleV@VenergyMomentum.com
We do not accept paper copies sent via snail mail.

Paper documents can be scanned and emailed to the email address above. Your local UPS, FedEx, or print shop will be able to do this should you require assistance.

What Happens Next?

Mineral & Royalty Divestitures

Upon receipt of the documents provided, the approximate timeline is:

Week 1-2

Prepare the marketing materials

Week 3-8

Marketing, further due diligence, field questions and provide additional information for interested buyers

Week 9-16

Finalize sale price, buyer performs title and due diligence, final closing

Mineral & Royalty Appraisals

Upon receipt of the documents provided, the timeline is:

Week 1

Prepare the appraisal materials for engineering

Week 2-4

Due diligence and final completion of appraisal report

Delays are subject to:

The documents above cannot be provided. Relevant parties will need to be contacted to supply them and we are subject to their response times.
New discoveries during the due diligence phases could affect the timeline.
Assets of larger size and quantity will require additional time to prepare.

Timeline Disclaimer: Please be aware these timelines can shift. While we try our best to abide by these expectations, events out of our control can sometimes cause unexpected delays.