LAND AND MINERAL OWNERS NOW HAVE MORE LEASING OPTIONS
The Lease Auction House, LP will give land and mineral owners a new option when it comes to signing an Oil and Gas lease. Based in Fort Worth, Texas, The Lease Auction House is a privately held auction house that specializes in helping land and mineral owners receive the best terms possible when leasing their land. The open auction format increases transparency and competition and is designed to increase intense bidding to help the landowner receive the highest lease bonus possible.
The online auctions are held monthly and all registered Oil and Gas companies have access to the Auction House’s vast database of property and auction services. The website allows registered Oil and Gas companies the opportunity to view available properties up to 3 weeks before the auction, giving them time to make a decision on whether or not to place a bid. Once the auction is open for bidding, companies place online bids for the amount they are willing to pay for the signing bonus.
The Lease Auction House represents land and mineral owners across the country, including in the Barnett, Haynesville, and Marcellus Shales.
