Broadmoor is a buy-and-hold company keeping every interest purchased in their own portfolio and managing it with care and diligence.
(prHWY.com) February 15, 2013 - Dallas, TX -- Dallas, Texas (January 24, 2013) - Broadmoor Land & Minerals is offering a property evaluation to people
selling mineral rights in Texas and other states. Broadmoor is a buy-and-hold company keeping every interest purchased in their own portfolio and managing it with care and diligence.
A petroleum engineer from the company evaluates property based on a number of factors. The commodity price risk predicts the gas and oil pricing futures, political change, weather and the influence of the Organization of Petroleum Exporting Countries or OPEC. The operator's reputation is also a factor in how the property was previously maintained. The reservoir formation and production history of decline in curves and water rates, are taken into consideration as well.
Future production and development is explored in assessing the value of the property. The interest type determines the ownership of underground minerals, participation in lease operating expenses, collection of bonus payments, and others. The different types are Mineral Interests (MI), Royalty Interests (RI), Overriding Royalty Interests (ORRI), and Working Interest (WI).
The historical cash flows and averages for different periods are calculated to conclude the value of the offer. The tax rate depends on the location of the interest, which affects property value and offer rate.
Broadmoor offers usually range from 25 to 70 months. The different evaluation factors provide the company a means of calculating the current reserves and a forecast for future reserves and cash flows. The assessment results in a fair market value that addresses risks and uncertainties that could be involved in future interests and commodities prices.
For more information about selling oil and gas royalties, visit
www.BroadMoorMinerals.com.
About Broadmoor Land & Minerals
The company is the leading purchaser of oil and gas interests across the United States. Their rich portfolio includes oil and gas royalty interests, overriding royalty interests, working interests and mineral rights. They accommodate customers selling mineral rights in Texas, Colorado, Louisiana, New Mexico, Wyoming, and other states.
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