Clear Fork Royalty Now Buying Royalty Rights in PA & WV
There are companies that will purchase landowners' royalty payments--giving them a lump sum payment in return for signing over all future royalty payments to the company (or individual) buying them. It's not unlike companies that approach and pay lottery winners who receive payouts over a long period (for life, or for a period of years), the winners selling their future payments for a single lump sum now. Of course by selling future royalty payments for money now, the landowner will typically accept far less than they otherwise would have received by continuing to get the royalty checks over time. But there are certain circumstances (terminal illness, for example) when the landowner would rather have as much of their money as they can get--right now. And so royalty-purchasing companies exist to oblige.
One of those companies is Texas-based Clear Fork Royalty, who (by press release) has announced they've now hung their shingle in the Marcellus/Utica region--in PA and WV. If you're a royalty owner, Clear Fork may come knocking on your door...
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