Mountrail county ND is the place to be. At least that is what US Mineral Exchange buyers are looking for. Specifically, the southern and western parts of the county.
Why Mountrail?
Mountrail has been the Bakken’s biggest producer in terms of cumulative production. The argument against Mountrail is some of its neighboring counties have higher rig counts. This may be true, but does this mean Mountrail is losing its appeal. Absolutely not. According to US Mineral Exchange, mineral rights owners looking to sell producing properties in the county more often receive higher multiples and increased interest from buyers.
Looking to sell your mineral rights?
If you are a mineral owner in the Bakken, know that your mineral rights are in high demand. Owners in McKenzie, Dunn, Williams and Mountrail can expect higher premiums than those in surrounding counties. The reason is mineral buyers tend to go with what has worked for them in the past. Mountrail has been the biggest producer by a large margin and buyers like active counties.
Be Careful!
Never a week goes by that we do not hear from a mineral owner wanting to sell their mineral rights in the Bakken. If you are contemplating this decision or if you have received an offer from another company, the only question we need to ask you – is your offer how much your mineral rights are worth?
The answer is much simpler. When selling, your mineral rights are worth as much a buyer is willing to purchase them for. Sure, they may appraise for more, but like selling a home, appraisals are only a guide. Market conditions and the demand for your specific home plays a much larger role than how an appraiser might value your property. With that, please make sure that you get your property in front of enough buyers. You will sleep better.
We recommend contacting US Mineral Exchange for mineral rights owners looking to sell.
