Offer prices are calculated based on factors such as whether the land is currently under lease; if leased, lease status, lease royalty, term remaining on lease and any depth restrictions; and other factors such as production activity in the area and current market trends.

The evaluation process is generally based upon the complexity of each deal which can take as little as one day, but usually no longer than seven days. The agent assisting you will give a clear idea on time frame for your evaluation.

Yes, selling a portion of your minerals gives you the option to receive cash now while eliminating long term risk on market driven royalty payments. The amount of minerals you wish to sell or keep will reflect your comfort level and needs.

Yes, Red Rock Minerals is interested in acquiring producing and non-producing minerals. The benefit to selling HBP interest is to provide an opportunity to receive a lump sum payment within weeks versus a smaller monthly royalty payment that can be directly impacted by market trends.

Once negotiations are completed, the due diligence process will begin. Due diligence is a process of running full abstract title which will include a thorough review of your mineral ownership. When ownership has proven itself, a Mineral Deed will be executed in exchange for the full consideration negotiated.

Red Rock Minerals will allow 30-45 Calendar days for due diligence prior to payment. This is a standard term set in place for consistency, but can vary slightly due to ease or difficulty of title examination.

In most circumstance, yes, however, each situation may be dependent on the bank or lienholder that is currently in control of the mortgage. An agent can better explain this process.

No, all direct costs from beginning of negotiations to final payment are handled by Red Rock Minerals.