HOMESELLINGCONTACT
MINERAL RIGHTSOIL & GAS RIGHTS

Oil & Gas Mineral Rights and Royalty Acquisition Company

with a focus on purchasing within the
Permian Basin.

About Us

Our primary focus is the Permian Basin in West Texas but we buy anywhere in the United States. Permico Royalties along with its principals are committed to providing sellers with the smoothest closing process in the industry. In an effort to deliver to mineral and royalty owners, we offer competitive prices and promise to work quickly – from start to finish. If you are interested in getting a free offer with no obligation to sell, please contact us at info@permicoroyalties.com.

 

For inquiries on leasing, please contact our affiliate CJM Resources LP at info@CJMResources.com.

 

Why Sell

When considering selling your oil and gas royalties or mineral interest, there are many questions that often arise. Our team is available to answer any questions, and walk you through every step of the way.

Immediate Cash

Sell your oil and gas mineral interest today for immediate cash.  You may need some cash quickly, Permico Royalties can close on your oil mineral rights fast!

Another Investment Opportunity

Sell your oil and gas royalties today to help fund a new business venture.  Some people would prefer a lump sum on their oil and gas royalty to use in other investment vehicles – we can help.

Estate Planning

Some people want to divest their oil and gas minerals for estate planning purposes.  Selling your mineral rights for this reason is not uncommon.

Paper/Accounting Simplification

There can be a lot of paper work associated with oil and gas lease royalties.  Selling oil royalty or gas royalty can certainly reduce paperwork.

Reduction of Uncertainty

By selling your minerals today, you no longer have to worry about: commodity price volatility, political uncertainty, tax changes and the future of fossil fuels.

Potential for a 1031 Exchange

Capital gains from the sale of minerals can often be deferred when the proceeds thereof are used to purchase another qualifying piece of property. As a result, selling minerals can be a great way to shift your real estate investment into a more desirable income producing property.

Why Sell

When considering selling your oil and gas royalties or mineral interest, there are many questions that often arise. Our team is available to answer any questions, and walk you through every step of the way.

Immediate Cash

Sell your oil and gas mineral interest today for immediate cash.  You may need some cash quickly, Permico Royalties can close on your oil mineral rights fast!

Another Investment Opportunity

Sell your oil and gas royalties today to help fund a new business venture.  Some people would prefer a lump sum on their oil and gas royalty to use in other investment vehicles – we can help.

Estate Planning

Some people want to divest their oil and gas minerals for estate planning purposes.  Selling your mineral rights for this reason is not uncommon.

Paper/Accounting Simplification

There can be a lot of paper work associated with oil and gas lease royalties.  Selling oil royalty or gas royalty can certainly reduce paperwork.

Reduction of Uncertainty

By selling your minerals today, you no longer have to worry about: commodity price volatility, political uncertainty, tax changes and the future of fossil fuels.

Potential for a 1031 Exchange

Capital gains from the sale of minerals can often be deferred when the proceeds thereof are used to purchase another qualifying piece of property. As a result, selling minerals can be a great way to shift your real estate investment into a more desirable income producing property.

Frequently Asked Questions

How do I receive an offer for my oil royalties?

In order for Permico Royalties to make an offer, we will need to determine the current value based on several factors (operator, royalty, location and phase of development). We coordinate with our legal team and engineers to determine the value. Initially, All we need is your last 3-6 months of check stubs or a copy of your last oil and gas lease.

If I request to receive an offer for my royalties, am I obligated to sell?

Absolutely not. There is no obligation to accept our offer.

Do I have to sell all my royalties?

No, Permico Royalties is willing to buy all or a portion of your interest(s). We work with the seller to figure out what makes the most sense.  The only good deal is one that is good for both parties.

How long is the closing process?

Permico Royalties prides itself on providing a quick no hassle close for the seller. Once we reach an agreement on terms, Permico Royalties will review the ownership.  Once the ownership is verified, Permico will close in 72 hours.  We can fund by check, cashier check or wire.

Do I have to pay taxes on my sell?

In short, the answer is no. However, we do advise you speak with a tax professional. In the event you are divesting a property with a low basis it may be advisable to explore a 1031 Exchange. Minerals classified as real estate from the sale thereof may be reinvested in land, income producing property or other oil and gas assets without payment of federal income taxes.

Team

Benjamin C. Griffin

Co-Founder

Ben graduated from Texas Tech University with a degree in Energy Commerce. Prior to forming Permico, Ben worked for one of the largest Independent Oil and Gas companies in the Permian Basin. This is where he learned his knowledge of the Permian Basin oil and gas business. Ben enjoys golfing, spending time with his family and cooking. He lives in Midland with his wife and three children.

M. Andrew Hohenberger

Co-Founder

Andrew holds a Bachelor of Business Administration from Texas A&M University. Prior to forming Permico Royalties, Andrew worked with Double Eagle Development with a focus on the Midland Basin. Andrew’s prior experience working with the Barnett Shale, Haynesville Shale, and Eagleford Shale molded his extensive knowledge and familiarity of the oil and gas industry. Andrew lives in Midland with his wife Megan and their three boys. In his free time, Andrew enjoys hunting, ranching, and watching football.

David Murphy

General Counsel & Chief Operating Officer

David has served as General Counsel and COO of Permico Royalties since 2018, bringing with him nine years of prior oil & gas title and transaction experience. David received a B.B.A. and J.D. from Southern Methodist University. He is licensed to practice law in Texas.

Alli Kenney

Controller & Division Order Manager

Alli is the Division Order & Title Analyst at Permico Royalties, LLC. Alli was born and raised in Midland, Texas. Prior to joining the Permico team, Alli attended Texas Tech University and received a bachelor’s degree in business management and a minor in human resources.  Alli enjoys exercising, spending time with her family and traveling.

Testimonials

“In November 2019 I received a phone call from Alison B. stating that I had been left an inheritance in Midland, Texas... As time went by Alison was in contact with me all the time. Letting me know what was going on...Alison went above and beyond. I and my family believe she is a valuable asset to your company..."

Barbara B. from California

"Having recently completed a royalty sale with their representative Katie L., I can testify to the exemplary performance and professionalism she exhibited during all aspects of the transaction over all of the many contacts we had during the weeks it took to research and conclude the sale."

Scott W. from Oregon

"...I have for the past few months had the pleasure to have done business with Permico Royalties of Midland, Texas...this was my first business dealings in my 62 years, I was hesitant and nervous about it. From the first phone call, Alison was straight forward, clear, pleasant with her conversations with me and patient with my many calls and texts...Alison always took the time to answer my questions. She put me at ease from the start...the whole process was easy and non-stressful. My experience with this company was a pleasure...My experience with Permico was an easy and positive one."

Reta J. from Colorado

"...A job well done for reviewing what the value of the Mineral rights were for the royalties that I owned. After being contacted by several other companies in the same business as Permico Royalties, LLC, I decided to do business with them because of the fantastic attitude and willing disposition of Katie L. The efficient dedicated service that I received while doing our transaction helped with my decision to sell. I appreciate the personal service that I received."

Wayne R. from Texas

Contact

Main Office:

508 W. Wall St, Ste 1250
Midland, TX 79701


Fort Worth:

3724 Hulen Street,
Fort Worth, TX 76107




(432) 315-3900


info@permicoroyalties.com

Get In Touch