George Schoepf
Greensboro, GA (USA)
Role(s):
Other
US Oil and Gas Royalties, LLC
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Startup
Location:
Greensboro
Industry:
Other
Year Founded:
2014
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
US Oil and Gas Royalties, LLC was formed recently to purchase and sell oil and gas royalties. Most companies involved in royalty acquisitions acquire royalties for long term investment and are satisfied to make their profits after they receive a return of their investment over three to five year period. We will be targeting producing leases where a new oil or gas well has been permitted to be drilled in the very near future. Our offer to purchase will be made prior to the drilling of the new well based on the established older production. Most new wells will add significantly to the revenue from the lease and to the acquired royalty interest. Our holding period will be 12 to 14 months when we will sell the royalty at a good profit. We will then reinvest the after capital gains tax proceeds in additional royalties on the same basis. Over time this compounding effect will greatly increase shareholder value. You may obtain completed information on this venture including Financial Projections, Business Plan and Executive Summary at (URL removed). Click on "Browse" then type the name of the company in the "Search" box. You can also email me at (URL removed) and I will send you a Business Plan or call me at (Phone # removed). George Schoepf - President