LEASE AND MINERAL TAKEOFF AGGREEMENTS
Lease and Mineral Takeoff Services Texas
A takeoff agreement is established between a buyer and a producer to purchase or sell part of the producer’s upcoming goods. These agreements are typically created prior to the start of production for a particular period. They can be used to help finance new or additional production facilities.
Takeoff agreements are often used to help the selling company gain project financing for future construction, expansion of current facilities, or the purchase of new equipment by proving future income of the project. These agreements help buyers lock in a price for the goods in advance, allowing them to make plans for their future projects as well.
Reeves Land Services has helped producers and buyer negotiate takeoff agreements that benefited their business needs. If you’d would like to learn more about how Reeves Land Services can help you establish an takeoff agreement, call today at 713-907-1939.