Ten31 Minerals, LLC offers a unique approach to Oil and Gas Minerals for traditional Real Estate Owners. Our firm offers 1031 exchange buyers a platform to mineral ownership. Minerals are Oil & Gas Assets Anchored by Real Estate. Satisfy your 1031 Exchange needs with the acquisition of Qualified Net Mineral Acres.
Our TEN31 Mineral platform offers Perpetual Ownership within the prolific SCOOP STACK areas of the Mid-Continent Oil & Gas region. Mineral ownership offers a diversification to traditional commercial real estate while still providing monthly cash flow and underlying asset value.
Our TEN31 Mineral platform offers Perpetual Ownership within the prolific SCOOP STACK areas of the Mid-Continent Oil & Gas region. Mineral ownership offers a diversification to traditional commercial real estate while still providing monthly cash flow and underlying asset value.
Services
Managing Director and Co-Founder with more than 25 years experience in commercial real estate ownership, development, and 1031 transactions. He has developed, financed and closed more than $500 million in transactions with upwards of $350 million within the 1031 sector.
David has extensive experience as a principal investor in oil and gas development projects throughout Oklahoma and Texas; he is also a Co-Founder and Partner in Roaring Fork Capital, TEN31's affiliated mineral trading platform focused on the Mid-Con and Permian Basins.
David has extensive experience as a principal investor in oil and gas development projects throughout Oklahoma and Texas; he is also a Co-Founder and Partner in Roaring Fork Capital, TEN31's affiliated mineral trading platform focused on the Mid-Con and Permian Basins.
Ownership of Minerals is an Estate in Real Property which affords the owner the right to exploit, mine, and/or produce any or all of the minerals lying below the surface of the property. While you do not own the surface land you do own the minerals below ground. Mineral ownership does not include costs of exploration, drilling equipment, transportation, and marketing.
Some of the most sought-after oil drilling locations in the US are in Oklahoma. One factor is that these areas have highly developed oil and gas infrastructure, providing transportation cost savings. The maturity of the oil & gas industry in Oklahoma and its proximity to the nationally significant distribution hub in Cushing, Oklahoma allow producers to continue to increase output using the state's existing takeaway capacity.
TEN31 Minerals, LLC offers a unique partnership approach to the introduction of Minerals as a new asset class for traditional real estate owners. TEN31 will have common ownership with our 1031 exchange buyers within the mineral tracts they purchase; specifically, we will match buy up to 3% of the total acquisition price of the total minerals purchased.
Lawful Replacement Property - First, this is a lawful exchange. In a 1968 ruling, the IRS clarified that mineral rights are "real property" and met the definition of "like kind" for an exchange. Diversification - Minerals provide a unique replacement property and diversification from traditional brick & mortar real estate.
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