How to buy your mineral rights

This question has come up a few times lately and both Rochester and Rochester Hills have recently allowed gas companies to come in a mine for minerals below surface. One landowner we heard about had purchased his mineral rights ahead of time and is now receiving a check for around $500 per month from the gas company. The Oakland Press wrote this on Sept. 3, 2013 "Traverse City-based Jordan Development Company, a medium-size oil exploration company which operates more than 450 oil and gas … [Read more...]