When BHP Billiton (NYSE: BHP), the world's largest natural resources company, enters a market it becomes a great time to not only sell mineral rights, royalties, and leases, but to also look for a job or open a business. With its presence in the Fayettville Shale, Eagle Ford, and other areas, the local economy is gaining. As an example, BHP Billiton has over 5000 people working in the Eagle Ford Shale formation in Texas.
BHP Billiton has plans to make the Fayetteville Shale formation in Arkanasas as bountiful for all involved.
As one of the largest operations in the region, BHP Billition is going after liquids at present. It has a $4 billion capital budget. With that much money to spend, it obviously makes it a great time to sell oil and natural gas assets.
That amount is likely to increase.
Based in Australia, BHP Billiton is focusing on North America. It bought Petrohawk Energy for $12.1 billion. BHP Billiton has plans to spend even more for American energy interests. So do many other foreign investors. Asset prices are high, as detailed in a previous article on this site. The economic stability and political secuity of areas such as the Fayettevill Shale in Arkansas are very much in favor.
That makes it a great time to sell oil and natural gas royalties, leases, and mineral rights.
With buyers like BHP Billiton, the prices are high. With buyers like BHP Billliton, the level of liquidty is high. With high levels of liquidity and high levels of prices, deals close quickly for energy assets. This video provides the information on how to get top dollar when selling in the Fayetteville Shale and other areas.