SYSTEM AND METHOD FOR PROVIDING ROYALTY OFFERS TO MINERAL INTEREST OWNERS

• US 20080249789A1
• Filed: 04/05/2007
• Published: 10/09/2008
• Est. Priority Date: 04/05/2007
• Status: Abandoned Application

• Current Assignee: Agelio Networks, Inc.
• Original Assignee: Agelio Networks, Inc.
• Inventors: Sinclair, Willam R.
• Application Number:
  US11/697,013
• Publication Number:
  US 20080249789A1
• Time in Patent Office: Days
• US Class Current: 705/1
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions

Abstract

A system and method provides potential offers for royalty interest to royalty interest owners. A determination is made from public records of a potential money offer for a particular royalty interest. This information is stored within a database. Royalty interest owners of a particular royalty interest are provided with an access code enabling access to the money offer for a particular royalty interest. A server enables the display of the potential money offer to the royalty interest owner using a graphical user interface presented to the royalty interest owner via an Internet browser. The display of the graphical user interface is enabled responsive to the entry of access code by the royalty interest owner.

Claims

1. A system for providing potential offers for royalty interests to royalty interest owners, comprising:

a database for storing a plurality of potential offers relating to particular royalty interests; and

a server for providing a graphical user interface displaying information on an offer for a particular royalty interest to a royalty interest owner, the graphical user interface displaying the information for the particular royalty interest at a remote location via an Internet browser responsive to entry at the remote location of a code uniquely associated with the royalty interest owner.

2. The system of claim 1, wherein the information displayed includes a potential offer amount associated with the particular royalty interest.

3. The system of claim 2, wherein the information displayed includes an estimated monthly revenue associated with the particular royalty interest and a multiple of monthly revenue associated with the particular royalty interest.

4. The system of claim 2, wherein the information displayed includes an identifier associated with a lease including the particular royalty interest, an indicator of the type of the particular royalty interest, an indication of a decimal interest of the particular royalty interest.

5. The system of claim 1, wherein the graphical user interface displays information on the offer for a plurality of royalty interests for the royalty interest owner, the graphical user interface displaying the information for the plurality of royalty interests at the remote location via the Internet responsive to entry at the remote location of the code uniquely associated with the royalty interest owner.

6. The system of claim 1, wherein the server further provides a second graphical user interface enabling the royalty interest owner to login and obtain access to the graphical user interface responsive to entry of the code uniquely associated with the royalty interest owner.

7. A method for providing potential offers for royalty interests to royalty interest owners, comprising the steps of:

determining from public records a potential money offer for a particular royalty interest;

providing a royalty interest owner of the particular royalty interest with an access code enabling access to the money offer for the particular royalty interest; and

displaying the potential money offer to the royalty interest owner using a graphical user interface presented to the royalty interest owner via an internet browser, the display of the graphical user interface enabled responsive to entry of the access code by the royalty interest owner.

8. The method of claim 7, further including the step of generating a list of royalty interest owners from the public records.

9. The method of claim 8, wherein the step of providing further includes the step of generating a communication to the list of royalty interest owner, the communication including the access code.

10. The method of claim 7 further including the step of storing the potential money offer in a database, the potential money offer accessible via the graphical user interface.

11. The method of claim 7, wherein the step of displaying the potential money offer further comprises the step of displaying an estimated monthly revenue associated with the particular royalty interest and a multiple of monthly revenue associated with the particular royalty interest.

12. The method of claim 7, wherein the step of displaying the potential money offer further comprises the step of displaying an identifier associated with a lease including the particular royalty interest, an indicator of the type of the particular royalty interest, an indication of a decimal interest of the particular royalty interest.

13. The method of claim 7, wherein the step of displaying the potential money offer further comprises the step of displaying a well operator running a well associated with the particular royalty interest.

14. The method of claim 7, wherein the step of displaying the potential money offer further comprises the step of displaying information on the offer for a plurality of royalty interest for the royalty interest owner, the graphical user interface displaying the information for the plurality of royalty interests at the remote location via the Internet responsive to entry at the remote location of the code uniquely associated with the royalty interest owner.

15. The method of claim 7, wherein the step of displaying the potential money offer further comprises the step of displaying a second graphical user interface enabling the royalty interest owner to login and obtain access to the graphical user interface responsive to entry of the access code uniquely associated with the royalty interest owner.

16. A method for providing potential offers for royalty interests to royalty interest owners, comprising the steps of:

generating a list of royalty interest owners from public records;

determining from the public records a plurality of potential money offers for a plurality of royalty interests;

storing the plurality of potential moneys offers in a database, the plurality of potential money offers in the database accessible via a graphical user interface;

providing each of a plurality of royalty interest owners with an access code, each access code enabling access to at least one of the money offers for the plurality of royalty interests; and

displaying the potential money offers to the royalty interest owners using the graphical user interface presented via an internet browser, the display of the graphical user interface enabled responsive to entry of the access code associated with the royalty interest entered by the royalty interest owner.

17. The method of claim 16, wherein the step of providing further includes the step of generating a communication to the list of royalty interest owner, the communication including the access code.

18. The method of claim 16, wherein the step of displaying the potential money offer further comprises the step of displaying a second graphical user interface enabling the royalty interest owner to login and obtain access to the graphical user interface responsive to entry of the access code uniquely associated with the royalty interest owner.

19. The method of claim 16, wherein the step of displaying the potential money offer further comprises the step of displaying an estimated monthly revenue associated with the particular royalty interest and a multiple of monthly revenue associated with the particular royalty interest.

20. The method of claim 19, wherein the step of displaying the potential money offer further comprises the step of displaying an identifier associated with a lease including the particular royalty interest, an indicator of the type of the particular royalty interest, an indication of a decimal interest of the particular royalty interest.