Oil or Minerals Land Information
Land with mineral rights or oil are often complex issues and differ greatly from state to state, so before proceeding with a land purchase that comes with mineral or oil rights, extensive research is important before proceeding. There is a huge difference between the mineral rights of a property conveyed as a “fee simple estate" to the buyer of the land, and just owning surface rights. The proper research on buying land with mineral rights attached is imperative. Lack of research can mean the difference between a property being worth the investment, and being a very expensive patch of dirt.