Our Mineral Buying Team
When you approach Country Roads Minerals to discuss your mineral rights, you will interact with one of our experts. They will serve as your primary liaison from the initial consultation until the transaction is completed. They acknowledge the importance of gaining your confidence and are dedicated to delivering exceptional service. Our professionals aim to excel in their respective roles and earn your trust every step of the way.
We know selling your mineral rights can be confusing and hard.
As long-time buyers of minerals and one of the leading mineral owners in West Virginia, we take pride in our ability to recognize the true value of mineral rights, often overlooked by companies purchasing minerals nationwide in numerous counties. Our proficiency in this area enables us to offer higher and faster deals than our competitors.
With dual headquarters situated in Williamstown and Morgantown, we are among the limited mineral firms based exclusively in West Virginia. Our extensive knowledge of the land, minerals, and most significantly, the people of our beloved state sets us apart. When you sell to us, you can rest assured that your minerals will remain in West Virginia, owned by a local company that contributes to the state's economy through tax payments and local employment opportunities.
Is selling right for you?
There are many reasons why people sell their mineral rights:
Estate Planning
If your heirs have no desire to learn the oil and gas business they may make poor decisions. Leaving cash to your heirs is much more simple and less expensive than leaving mineral rights to be divided among your heirs.
Lump sum cash today
Owning minerals is like having a lottery ticket. You may, or may not win, and those who do almost always choose the lump sum payout because no one knows what the future will bring. Most people will never receive royalty income in their lifetime and those who do will never receive as much royalty income as we are willing to pay you today.
Pay off debt
Pay off debt such as high-interest credit card debt, medical bills, home loan, car loans, cover college expenses or simply get ready for retirement.
Tax Advantages
Royalties and bonus payments are taxed as ordinary income of up to 37%. However, if you have owned your minerals for more than one year the income from selling is taxed at the long-term capital gains which is 15% and in some cases 0% depending on your income level.
Simplification
You can simplify your life by selling your minerals by reducing all the paperwork. Owning oil and gas minerals can take a lot of time and effort, including: preparing and paying property taxes; state income taxes; federal income taxes; negotiating and signing a lease; signing division orders; tracking royalty payments.
Reduce risk and volatility
There are no sure things in the oil and gas industry as it’s a “Boom or Bust” industry. In just the past ten years we’ve seen wild fluctuations in oil from $123.70 to $11.26 and natural gas from $9.85 to $1.33. We’ve seen certain counties go through a few months of increased drilling activity, only to get quickly abandoned once a new play is discovered somewhere else. Nobody knows where prices will go or which operators will stick around and survive.
Our commitment to you
At the core of our approach is the objective of creating a mutually beneficial outcome for both parties, fostering a "win-win" situation between our team and you. We acknowledge that we must first gain your confidence and approval to engage in business with you.
Schedule FREE ConsultationOur Process
We make it easy for you:
No risk offer
We start with a conversation. We explain our goals and assumptions as buyers and we ask questions and listen to your goals as seller. If you are interested, we make an offer that we’ll stand behind.
Paperwork
Once we agree on a price, we prepare all the paperwork at our expense and we’ll overnight it to you to be signed and notarized. A prepaid envelope is enclosed to return the paperwork to us.
Due diligence
Once the paperwork is signed, we go to work and we’ll start our due diligence process. This step takes typically 30 business days and includes a thorough title review and title opinion; all paid for by us.
Closing
We send you a check and handle the post-closing paperwork and related costs ourselves.
FAQs
You can find answers to the most common questions here: