Troy W. Eckard, CEO and Manager of Eckard Enterprises, explains why it takes 180 days for mineral investors to receive revenue from the wells drilled on their minerals. Additionally, he takes us through the lifecycle of a typical, horizontal well and what that means for your investment and cash flow.
0:00 Introduction to why 180 days.
2:00 90 days into the 180 days- start to drill wells.
3:26 Beginning of Production
4:08 First month of production
4:28 Receives first check for oil
4:41 Second check for oil and first check for gas.
5:42 Eckard Enterprises receives a check because they are the owners of the mineral rights
6:24 Eckard sends out checks
7:43 Why buying minerals with Eckard Enterprise makes sense.
- - -
Eckard Enterprises works with investors on a daily basis to ensure they are receiving the maximum benefits from alternative investment options. Whether you’re an individual interested in mineral rights investing or a major investment company that wants to diversify their portfolio, contact us today to see how we can help you.
https://eckardenterprises.com/