Haystack Minerals
We Buy Oil, Gas & Mineral Rights
Our Approach
At Haystack Minerals, we pride ourselves in being a well-capitalized direct buyer of oil and gas rights, not merely a middleman looking to market your property elsewhere. Our commitment is to each individual and their transaction, ensuring a focus that leads to faster closings compared to other mineral companies. Our experience in mapping, title verification, and well engineering allows us to quickly make offers and close deals swiftly.
- Prompt Offer Generation
At Haystack Minerals, efficiency is key. Within 24 hours of an offer request, we conduct a full assessment of your mineral ownership, combining speed with meticulous attention to detail. Our team thoroughly analyzes market conditions and the potential of your property to ensure our offer is both competitive and fair. This quick turnaround allows you to make timely, informed decisions about your mineral ownership interest.
- In-Depth Title Due Diligence
Our commitment at Haystack Minerals extends beyond making top offers quickly. We place a strong emphasis on conducting detailed title due diligence for every transaction. Our team of experts is familiar with Appalachian title research, and meticulously examines all aspects of the title. We then communicate clearly to prospective sellers their ownership interest and the history of your property. This thorough process not only protects all parties involved, but also paves the way for a transparent and smooth closing.
- Tailored Solutions
We at Haystack Minerals understand that every seller situation is unique. Our flexible approach means we’re ready to think creatively to find the best solution for you and arrive at a closing. Whether it involves dealing with surface acreage, aiding in refinancing debt or releasing liens, or assisting with estate and probate filings, our team is equipped to handle a wide array of scenarios.
- Rapid and Reliable Closure
In the final phase of our process at Haystack Minerals, we strive to have each closing be quick, transparent and hassle free. Leveraging our experience in well engineering, mapping and title due diligence, we streamline our closing process to be as efficient as possible. Our goal is that you are so pleased with our process, that you would eagerly refer us to a friend, family member or neighbor.
Our Experience
Empowering Royalty Owners: Over 160 Deals Closed, over $10 Million Distributed – Experience the Haystack Difference
Haystack Minerals has established a remarkable track record in the minerals industry, successfully closing on over 160 deals, a testament to our work ethic and commitment to excellence. In these transactions, we have proudly distributed over $10 million to mineral owners, underscoring our role not only as a reliable buyer but also as a trusted partner in the mineral and royalty sector. At Haystack Minerals, we are committed to continuing this legacy of excellence, offering seamless transactions and competitive financial payouts to mineral owners.
- Haystack will get you an offer in 24 hours
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- Appalachian Mineral Owners Who Are Happy They Chose to Work with Haystack – and Counting
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- Over $10 Million Dollars Paid Out to Mineral Owners in Appalachia
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About Peter LambertOwner & Managing Member
With a BA in Economics from the University of Texas at Austin, Peter pursued his lifelong interest in financial markets, trading and investing by spending 14 years as a trader at Kershner Trading Group in Austin, Texas. As a licensed real estate broker in Texas, the scope of investments has included land development, single family residential, office and industrial properties.
The unique asset class of the mineral and royalty space is particularly appealing, and Peter has been actively acquiring oil and gas rights in Appalachia since 2019. With a penchant for dealmaking and understanding that your reputation and interaction with landowners is paramount, Peter enjoys discussing divestiture options with rights owners and negotiating directly with them.
He currently lives in Austin and enjoys spending as much time as possible OUTSIDE with his wife and two sons.
Want to know more?
Contact us today to learn more about how we can help you sell your mineral rights. Usually we can get an offer back to you within 24 hours.
Frequently Asked Questions
Have a different question and can't find the answer you're looking for? Reach out to our support team by sending us an email and we'll get back to you as soon as we can.
- What types of Oil and Gas properties does Haystack Minerals purchase?
We buy everything from producing acreage to non-producing acreage (leased or un-leased) in Pennsylvania, West Virgina and Ohio.
- How do you calculate your offer for my oil and gas rights?
Great question. There are several key factors that influence the value. Number one, the location, and geology under your property is most important. The price of natural gas and oil also greatly affects the value. If the property is leased, then the royalty rate (the higher the better) can drastically change the offer, as well as whether your lease is subject to deductions (post-production costs). Finally, if newly drilled wells are planned in the future, the timing of when the well may start producing is extremely important. A dollar today is worth more than a dollar 3 years from now or 10 years from now.
- Is your offer the amount I will receive?
Yes. We cover all closings costs, which include transfer taxes, recording fees and document preparation fees.
- How long will it take to close and get paid?
Typically, we can close in 45 days. And often, it takes under 30 days. We pride ourselves on being quick and understand a timely transaction is important. In cases with complicated estates, the process can take up to 60 days.
- Does this affect the surface of my property at all?
No. Selling the oil and gas rights does not affect the surface, and we will have no right to enter onto the property.
- I just leased my property to an oil and gas company; can I still sell my oil and gas rights?
Yes. Leasing and selling the oil and gas rights are separate transactions.
- Will Haystack Minerals broker, or sell my property to someone else?
No. We are an end-buyer who contacts landowners directly. We have funds ready to go and are experienced. We do not broker or seek out “investors” or someone else to buy your rights.
- Do I have to sell 100% of my oil and gas rights? Or can I sell a portion?
Absolutely you can sell a portion. It’s common for folks to sell 50% to diversify and retain the other half for the future.
- Why should I consider selling my oil and gas rights?
There are no sure things. Selling your oil and gas rights transfers the risk to us and eliminates the frustration of waiting for an operator to drill a well, or the fluctuations in commodity prices and royalty checks. Others sell for simplifying their estates or taxes and are seeking more traditional or tangible investments and solutions to financial matters important to them. This includes eliminating debt, investing in the stock market, purchasing real estate, paying for college, or something fun like a vacation or wedding.
Coverage Areas
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Pennsylvania
Bradford, Susq, Wyoming, Sullivan, Tioga, Washington, Greene, Westmoreland
Ohio
Belmont, Harrison, Jefferson, Noble, Guernsey, Carroll, Tuscarawas, Colombiana, Monroe
West Virginia
Brooke, Ohio, Marshall, Wetzel, Tyler, Ritchie, Doddridge, Harrison, Lewis, Marion, Monongalia
Testimonials
Get in Touch with Haystack
We're here to assist you! Whether you prefer to email us, give us a call, or simply fill out our contact form, we guarantee a prompt and attentive response to your inquiries. Our team is dedicated to providing you with the information and support you need. Contact us today to discover how we can help you with your oil and gas royalty needs.
- Address
- 300 Bowie St. Suite 106 A
Austin, TX 78703 - Telephone
- +1 (512) 750-3711