| It seems that everyone is either experiencing or | | | | gold, quartz, topaz or amethyst, all of which are |
| knows someone whose experiencing financial | | | | lucrative commodities. Due to the high degree of |
| difficulty. Many are have taken the barter-trade | | | | geological diversity across the United States |
| route of Craigslist to provide the extras for their | | | | there's a good chance that no matter where you |
| family and others have decided to lease rooms or | | | | own land you can sell oil and gas leases to |
| sell items of property. | | | | working interests - effectively generating revenue |
| An often overlooked and lesser-known source of | | | | with little to no initial investment. Some property |
| revenue is the option to sell oil and gas leases or | | | | owners have received payouts in the millions of |
| a mineral rights lease to generate income from | | | | dollars for a 100 acre oil rights lease! |
| deep-pocketed petroleum and mining companies | | | | With a growing need for energy production |
| with whom you can enter into "working interest" | | | | domestically many land owners, especially in the |
| agreements. Many people choose to sell oil and | | | | Southern United States, choose to sell oil and gas |
| gas leases on their property as an easy way to | | | | leases. The typical royalty is approximately 1/8th |
| generate extra income from land that they've | | | | of the production - meaning that roughly $125,000 |
| already invested in. Working interests are | | | | per $1,000,000 per working interest is generated |
| beneficial to the property owner as the burden of | | | | for oil and gas royalty. This is quite the hefty |
| exploration costs and mineral production or | | | | profit for little-to-no upfront investment. Typically |
| petroleum extraction are placed upon the | | | | the exploration/extraction company shoulders the |
| company and not the individual. Individuals may | | | | logistical burden of processing the site, which could |
| decide to sell oil and gas leases to oil and gas | | | | require specialized equipment and expertise that is |
| exploration companies in exchange for a portion | | | | generally not possessed by the typical landowner. |
| of the proceeds of the land on which exploration | | | | If you own land it may be in your interest to |
| firms have agreed to invest in. | | | | consult with a mineral or oil and gas exploration |
| If you've ever driven down a highway and seen a | | | | service near you. You may even wish to contact |
| lone pump jack, common in areas such as West | | | | and conduct your own geological survey. Many |
| Texas, then you've seen a land owner who has | | | | people aren't even aware of the composition of |
| let his land to an oil company. In areas where oil | | | | their land and for little-to-no cost you could find |
| isn't common or in mountainous areas where | | | | yourself literally sitting upon a gold mine. You |
| useful materials may be located, an option for | | | | never know. Your lifetime financial security could |
| many is to sell mineral rights to extract: copper, | | | | be just around the corner. |