Due Diligence for Oil & Gas Acquisitions

Title Examination

One of the primary roles of due diligence is to conduct a title examination of the property to be acquired. This involves verifying the ownership of the mineral rights and surface rights, and identifying any outstanding liens, encumbrances, or title defects that could impact the acquisition.

Lease Analysis

MYR Land Services can assist in the analysis of existing leases related to the property, including reviewing the terms and conditions of the lease, identifying any restrictions or limitations, and evaluating the financial impact of the lease on the acquisition.

Ownership Verification

MYR Land Services can verify the mineral ownership of the property to be acquired, including identifying any co-owners or heirs, and confirming the percentage of ownership held by each party.

Regulatory Compliance

MYR Land Services can assist with regulatory compliance related to the acquisition, such as reviewing any permits or licenses required for the property, and identifying any environmental or other regulatory issues that may impact the transaction.

Surface Rights

MYR Land Services can also investigate the surface rights associated with the property, including any easements, access rights, or surface use agreements that may impact the acquisition. This is especially important in cases where the property is in a heavily populated or urban area.

Due Diligence Reports

MYR Land Services can prepare a due diligence report that outlines the findings of the investigation, including any risks or issues related to the acquisition. This report can be used by the buyer to make informed decisions about the acquisition, and can also serve as a reference document for future transactions related to the property.