Management Services Offered

  • Receive, deposit and record the revenue detail and joint interest billing detail from the purchasers and operators
  • Review and approve vendor invoices and joint interest billings
  • Prepare and issue vendor checks
  • Reconcile monthly bank statements
  • Reconcile 1099 reports
  • Prepare year end information and reports for tax preparation purposes
  • Review, verify and approve ad-valorem tax statements and protest valuations when necessary
  • Research and recover escheated and suspended funds
  • Organize, set-up, review, and maintain complete ownership, lease, well and division order files
  • Respond to third-party inquiries and correspondence
  • Full management of all oil and gas interests including mineral, royalty, overriding royalty, non-operated working and associated interests.
  • Generate activity reports
  • Review and verify Division/Transfer Orders
  • Evaluate and provide recommendation of pending AFE’s and third party offers
  • Negotiate Oil and Gas Leases, Deeds, Assignments, Farmouts, Seismic Permits, Seismic Lease Options, Production Sharing Agreements and other oil and gas related contracts