College Station, TX -- (SBWIRE) -- 06/19/2014 -- Advocate Oil and Gas was established by Oil and Gas industry icon, Brent Bawden. Advocate specializes in purchasing oil and gas minerals. Their experienced team has managed over $250,000,000 in mineral purchases the last 8 years. They are interested in discussing the financial benefits of producing royalties, non-producing minerals, and overriding royalty interests with the owner.
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Advocate’s niche is purchasing Royalties, Overriding Royalties, Non-Producing Mineral Rights and Working Interests nationwide. Since 2007, Advocate Executives have successfully completed over 7,500 royalty transactions. Through their vast professional experience, they have developed world-class royalty acquisition capabilities, which enables them to assess royalty holdings and close transactions at maximum market values in days where others so-called experts would take weeks.
Advocate Oil and Gas
(214) 647 - 1100
Fiscal 2012: An Oklahoma Mineral account had more than 262,000 missing mineral-rights owners, with a highest individual amount owed $329,270. Another account in the Office of the State Treasurer owes about $52 million to mineral owners whom oil and gas companies report they couldn't locate. If drilling continues to expand, the combined $105 million in both accounts will likely rise.
According to Brent Bawden, “The amount of money owed to Oklahoma mineral-rights owners, who can't be located, has exploded recently as oil and gas production increase sharply across the state.” An Oklahoma Corporation Commission account that holds unclaimed royalty payments for five years has ballooned from less than $5 million a decade ago to a record $53 million last year.
By tapping into Advocate’s vast professional network, they have unmatched acquisition capabilities which enables us to service their clients with maximum market values and quick closes. Through their vast professional experience, they have developed world-class royalty acquisition capabilities, which enables them to assess royalty holdings and close transactions at maximum market values in days where others so-called experts would take weeks. They offer owners no obligation bids/quotes, generous lump-sum payouts and cover all the costs involved in Title Work, Deed Transfer and Closing.
Advocate specializes in acquiring profitable mineral, royalty and overriding royalty interests throughout the United States with specific expertise in Texas, Oklahoma, Ohio and Louisiana. Uniquely, they offer owners generous lump-sum payouts which provide their satisfied customers the ability and freedom to use the proceeds in any way they wish. Thus, Advocate eliminates their customers erratic and inevitable declining royalty check worries. Advocate Oil and Gas’ core competency is purchasing the customers oil and gas Mineral Rights. They are interested in discussing the financial benefits of selling the customers producing Royalties and non-producing Mineral Interests.