Frequently Asked Questions

There’s a lot to consider when it comes to your mineral rights. We’ve included some common questions below. If you have a question that’s not addressed here, please contact us. We’d love to talk to you.

Why should I sell my interest?

Simply put, more control over your assets.  Rather than waiting for small monthly royalty checks that can fluctuate and decline, with a large, lump sum payment, you can use your large lump-sum for an immediate need or reinvest.  There are also tax advantages—a monthly check is subject to federal income tax, but with lump-sum payment, you can take advantage of capital gains tax rates.  In addition, your paperwork and records, as well as estate planning, will be greatly simplified. 

We know there are a lot of companies out there. But at Springbok, we do things a little differently. Mineral and royalty interests are not just an any asset. They hold a strong sentimental value, as well. We understand this, and strive to earn your trust in this process. Our local experts are part of your community and will work with you to put together a fair and competitive offer. We have geologists and engineers on staff who take a deep dive into the actual well itself so that you have a solid understanding of what your interest is worth. With a strong financial backing, we can help you close and get your funds quickly. We’re proud of the reputation we’ve built and committed to the service that will help us keep it for years to come.

It varies case by case. Our engineers will look at the operator and the property and verify the royalty on your lease to assure that we get you a fair and competitive offer.

With monthly royalties, you’re subject to ordinary income tax rates.  By selling, you can take advantage of current long-term capital gains tax rates.

Your royalty amount is based on two variables: the market price for oil and gas, and production.  As you’re probably aware from the news, the price for oil and gas fluctuates wildly, and your check will reflect any increases or decreases.  From a production standpoint, your royalty is based on the amount of oil and gas that is produced. In any reservoir, there is a finite amount of oil and gas that can be produced, so over time, wells will begin to produce less and less.  In addition, any mechanical or operational problems with the production equipment could also affect the amount of oil and gas produced, so that will affect your check, too.

As an individual, your revenues are dependent on production and drilling results in a small area, so if production declines or oil and gas market prices fall, your income can dip drastically.  As a small business with strong financial backing, we cast a wide net, so while we do assume risk, we have the volume and scale to manage it.  We invest over the long term and buy enough mineral interests to diversify our risks so that we can manage in the event that one of our interest’s value declines.

Springbok purchases both.

We have geologists and engineers on staff who take a deep dive into the actual well itself so that you have a solid understanding of what your interest is worth.  After our comprehensive evaluation of the well, we’ll also look at the current price of oil and natural gas in the U.S. and abroad, oil and gas futures, global usage patterns, and projections for future demands.  We use all of this information to develop the most competitive offer.

Yes, you can.  Our offer does not obligate you to sell your interest.  However, the prices could decline and we can’t guarantee you’ll receive the same offer or that we’ll still be purchasing in your area.

We are well funded, so we can close and get your payment to you as soon as possible. 

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Nancy Mathieu
Nancy Mathieu
2024-04-02
Over the past several months I have been dealing with Sprinkbok Energy, first with Michael and later with Connor. I found both to be very knowledgeable, personable and honest throughout the entire negotiation process and final closing . I have received numerous offers over the past several years but it was obvious most were lowballing but I did not feel that way with Springbok. I would highly recommend them if you are looking to sell your mineral rights.
Rodney McKinley
Rodney McKinley
2024-03-19
Worked with Michael, who made the process simple. Received money in a timely manner. Would do business with him in the future.
Ben Helms
Ben Helms
2024-03-01
The South Africa national rugby union team commonly known as the Springboks, is the country's national team governed by the South African Rugby Union. The Springboks play in green and gold jerseys with white shorts. Their emblem is a native antelope, the Springbok, which is the national animal of South Africa.
Chris Rasmussen
Chris Rasmussen
2024-02-29
I highly recommend choosing Springbok Energy for selling your mineral rights. Our Springbok Energy representative was thorough, caring, and quick to respond respectfully to all our myriad of questions and concerns. He seemed to genuinely care about us. We feel like we gained a new friend, The whole process was extremely quick from start to finish. Although we were presented with other options from a number of other energy companies, we are incredibly happy we chose to accept the offer from Springbok Energy.
Mary Rich
Mary Rich
2024-02-28
Enjoyed working on the transaction with Michael. It was fast and he made it so easy. Thanks Michael, Bruce Rich
Tammy Lee
Tammy Lee
2024-02-27
The process was quick and easy. Michael was very knowledgeable and helpful - very easy to work with.
Eunice Ryan
Eunice Ryan
2024-02-26
In my recent transaction working with Michael Heldoorn was an experience whre I found him knowledgeable, kind, courteous, and integrity was exhibited. The transaction was completed with my feeling very satisfied. I certainly feel he earned more stars than I can exhibit!
Sophia Livolsi
Sophia Livolsi
2024-02-23
I cannot express my gratitude enough for the Springbok Energy team. Like many mineral owners do, I had received calls from companies looking to purchase my rights for a while, and I just didn't know who I could trust and had reservations on starting the process. However, Springbok was incredibly easy to work with, honest, helpful in answering my questions, and made sure the entire process was smooth. Brian, Michael, and Garrett were my direct points of contact and really took the time to work with me and were always a joy to speak with. I am so glad I worked with them and would give a 10 star review if I could!
Wayne Aamoth
Wayne Aamoth
2023-12-12
We recently worked with Springbok Energy on selling some mineral acres. We were initially contacted by Connor, Connor was excellent to work with and he helped guide us through the initial process. We then worked with Michael on purchase and deed documents required to complete the process. Michael did an excellent job explaining all options and processing closing documents for the family. Michael and staff did exactly what they said they would do and did it in an appropriate time frame. We highly recommend Springbok Energy if you are looking to sell your mineral acres.