Commitment
Lewis Petro Properties is committed to providing quality service to its royalty owners. In accordance with industry standards and applicable state laws, Lewis Petro Properties makes every effort to pay accurately and on time.
While Lewis Energy Group generally does not recommend that a royalty owner sell their interest, there are certain situations in which selling might be beneficial to the interest owner, including the following:
- The royalty owner’s interest is very small. If a royalty owner’s interest were so small that the administrative burden of accounting, taxes, and other issues outweighs the benefits of royalty ownership, it would benefit the royalty owner to sell their interest.
- The royalty owner would rather have cash now. A royalty owner may wish to convert the future stream of royalty income into immediate cash.
- The royalty owner wants to avoid the risk associated with changing oil and gas prices. A royalty owner may wish to lock-in a certain price for their interest and remove the uncertainty that is inherent in owning an interest in oil and gas.
- The heirs of an estate holding royalty interests would prefer to receive cash for administrative reasons and simplicity.
If you decide to sell your royalty interest, Lewis Energy Group would like the opportunity to purchase that interest from you.
Lewis Energy Group, through its wholly owned subsidiary Lewis Petro Properties, will pay top dollar for your royalty interest. Please beware of royalty brokers and unsolicited offers to purchase your interest. Lewis Energy Group has your best interests in mind and will beat all reasonable outside offers, subject to the necessary due diligence.