RC Michael Company, LLC.
1212 Raintree Drive Suite A-5 Fort Collins, Colorado 80526
4.8 stars - based on 24 reviews
Phone: (970) 484-2737
Our 34th 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 Production Rightsoil and gas production rights

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 oil and gas 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 an oil and gas 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. However, we endeavor to minimize your risk by carefully researching each parcel offered in the auctions for geologic potential and nearby production and drilling activity. If a successful well is drilled on your lease, you will receive a monthly royalty in perpetuity on all production, in addition to the bonus paid per acre to purchase your drilling rights by the oil company.

Successful high grade vertically drilled wells with direct offsetting production typically yield at least 200 barrels/day for vertical wells. Successful horizontally drilled wells typically produce an average of 1,000 barrels a day per horizontal 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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