Why Choose Wyotex
Competitive
Pricing
WYOTEX prides itself on being an industry leader in terms of competitive, above market offers. Our prices are typically beyond what other mineral buying companies can offer. That is because we have patient capital that believes in the long term value of holding onto minerals. If you have a current offer, chances are we can beat it!
Quick
Closings
Our current closing period averages 10-15 days which is about 65% faster than the average mineral buying company. Larger transactions that require a title attorney typically take about 30 business days.
Simple Transaction
Process
We try to avoid cumbersome Purchase & Sale Agreements that almost require an attorney to interpret. Rather, we believe in simple transactions that benefit both parties. This means short and simple agreements, quick closings, and your money sooner!
We Buy
Everything
In today’s mineral buying sphere, most companies have a very narrow focus. Whether it is county by county or a certain operator. WYOTEX owns under nearly 4 million acres West of the Mississippi. We understand the benefit of owning minerals in a lot of different places. We will buy your minerals whether they are in the heart of the Permian Basin or in the middle of nowhere Kansas! We believe in the long term value of mineral ownership which allows us to have a broader and more flexible approach when it comes to mineral acquisition.
We Buy Everything
FAQ
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I received your offer in the mail with a mineral deed and order for payment. Can I just sign it and send it back?Yes! We make direct offers with competitive pricing all the time. Simply sign the deed and order for payment and you will receive your check in the mail within 10-15 days. Most of the time, people will send their deed back without even talking to us, but if you have questions please feel free to give us a call or email! If your offer exceeds $100,000 we recommend reaching out ahead of time so we can schedule a wire transfer.
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I received a higher offer from a different company. Can you beat it?Absolutely! We are typically able to beat any bona fide offer you have received from a different company. If, on the off chance it is an offer we can not beat, we will give you our honest opinion even if it means selling to a different company.
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Why are your offers so much higher than other companies?Most mineral buying companies are backed by private equity money. This kind of capital is very expensive with rigid buying guidelines and timelines that need to be met. Our capital comes straight out of our own pockets so we have no cost of capital. We also believe in the long term value of minerals which means we do not need to meet certain rate of return criteria.
Testimonials
“The President of WYOTEX met with me personally to review my files, help me understand what I own, and presented me with an offer nearly double what the other companies were offering.”
Linda Z.
“By far the most professional and well organized mineral company I have dealt with.”
Glenn M.
“I received one of their offers in the mail which was more than the other companies had offered me. I signed the deed and sent it back and in two weeks I received my check in the mail. They even sent it Priority Mail!”
Ruth E.