RC Michael Company Inc.
1212 Raintree Drive Suite A-5 Fort Collins, Colorado 80526
4.8 stars - based on 24 reviews
Phone: (970) 484-2737
Our 25th year of client service.
**This Program not available in Pennsylvania**

Oil and Gas Leases in Colorado and Wyoming

Acquiring Oil and Gas Production Rights

RC Michael Company
Proud to be an A Rated Member
of the Better Business Bureau

Oil and Gas Leases, and Overriding Royalty Interest ExplainedMember Better Business Bureau

Thank you for your inquiry. Our unique service allows our clients to take advantage of relatively little-known programs operated by the Federal and Western State governments which allow individuals to compete for and possess oil and gas production rights on public land on the same basis as multinational corporations. We offer a "turnkey" approach to help you claim your share of these rights. We research oil and gas lease parcels offered in periodic State and Federal auctions in Wyoming and Colorado, go to bat for you as your proxy on the auction floor, and, should you wish, assist you every step of the way from issuance of your lease to getting it sold and assigned to an operator for development. The lease will either be purchased in your name, or will, should you wish, be assigned to you immediately upon issuance by the government agency.

Once you have acquired a lease, you can hire us to act as consultant to seek an operator to develop the lease, or you can do so yourself or through another administrator. We cannot guarantee you that we will be able to interest an operator in developing your lease. Further, even if an operator does develop the lease, we cannot guarantee you that oil will be discovered on your lease or that the oil discovered will be in sufficient quantities to justify putting the well into production. If, however, you are successful in obtaining an operator who finds oil in sufficient quantities to justify producing a well on your lease.

Successful high grade vertically drilled wells with direct offsetting production typically yield at least 100 barrels of oil a day per well. Successful horizontally drilled wells typically produce an average of 500 barrels a day per well. Obviously, these figures may vary depending on the quality of the well.

The R.C. Michael Company combines many years of academic, industry and government experience in the Rocky Mountain oil patch at your service. It's a 3-step process: 1) We research, evaluate, bid for and purchase leases on your behalf at government (Federal and State auctions). 2) Once your lease is acquired, you have three options; you may contract with us for a nominal fee to act as consultant on maintaining and marketing the lease; alternatively, you may have a third party administer the lease or you may take on the full responsibility yourself of maintaining and marketing the lease. The goal is the sale of your lease to an oil & gas operator, for which you receive a cash bonus per acre. 3) The final step is the drilling of the lease, hopefully resulting in production yielding you long-term royalty income.

Please examine, complete, and sign the top sheet of the enclosed Lease Purchase Agreement which spells out our mutual responsibilities to each other in this endeavor. When you return it along with your check, you will be taking your first step in claiming your share of America's energy future and joining our roster of clients currently receiving production royalties. I look forward to going to work for you.


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