S Courtney Rd - Caldwell/Ruddy Mineral Rights Land Terrain | 25,9 ha

Resource Royalty 24, LLC, offered by Resource Royalty, LLC, is a highly diversified portfolio of income-producing mineral and royalty interests located in Oklahoma and Texas. 11 of the portfolio properties are located in the highly productive Anadarko Basin in Oklahoma, and one property is located in the prolific Permian Basin of West Texas.

Mineral rights are the deeded, income-producing real estate beneath the surface. As energy companies, such as Devon Energy and EOG Resources, drill wells and produce hydrocarbons, they are required to pay a percentage of gross revenue to the Mineral Owners. This is called a Royalty. The energy companies, known as operators, pay all drilling and operating expenses and assume all drilling risks and liabilities. Mineral Owners receive monthly royalty payments from the energy companies based on the oil and gas produced on their property.

This is a cash or 1031 Exchange eligible investment type with an offering size of size of $7,011,330 for 100% of interests and a minimum investment of $100,000. The portfolio has zero debt and tax advantages with a 15% Tax Depletion Allowance. Owners receive deed and title for their undivided interest in each property in the portfolio. Individual investors are not locked into an ownership structure that links them to other investors in Resource Royalty 24, LLC. Each owner is free to exercise control over holding period and exit strategy to suit individual investment objectives.

Revenue sources are from oil, natural gas, and natural gas liquids, with seven operators, including ConocoPhillips, Devon, Coterra, Ovintiv, and EOG. The portfolio spans 15,360 gross acres across two states and four counties. There are 33 producing wells in play, 11 drilled and completed wells, four drilled uncompleted wells, and six new wells to be drilled. Resource Royalty, LLC’s engineering analysis supports an estimate of approximately 35 years, or more, of remaining oil and gas reserves that can be produced in the portfolio.

Resource Royalty Property Management, LLC (RRPM) is a wholly owned subsidiary of Resource Royalty, LLC and serves as the property management company for Resource Royalty 24 investors. RRPM manages all facets of mineral interest ownership for the benefit of Resource Royalty 24 investors, including collecting monthly royalty payments and aggregating funds to be distributed on a quarterly basis, recording deeds related to the transfer of title to each investor, distributing information, monitoring activity, handling communication with operators, and year-end reporting of pertinent tax information and distribution of Form 1099.

Investment in oil and gas Royalties is speculative and involves a high degree of risk; investors should be able to bear the complete loss of their investment. There will be no market for the Units and an Interest Holder cannot expect to be able to liquidate his or her investment in case of an emergency. There are certain risks associated with the federal income tax aspects of an investment in Units. Each investor is urged to consult with and rely on his or her own tax advisor concerning this Offering’s tax aspects and his or her individual situation.

This Executive Summary must be accompanied by a Confidential Private Placement Memorandum. A prospective purchaser of Interests should consider all risks described in the Confidential Private Placement Memorandum, and under no circumstance should an investment decision as to whether to acquire or not to acquire the Interests be made solely on the basis of this Executive Summary. You should refer to the entire Confidential Private Placement Memorandum in making an investment decision.

Information about this offering contained in this material must be read in conjunction with the confidential Private Placement Memorandum (PPM) which contains additional important risk disclosures and more specific information about the Offering. This is neither an offer to sell nor a solicitation of an offer to buy interests in the Offering as offers are made solely pursuant to the PPM.

Investors will rely solely on the Parent Company to manage the Offerer and Resource Royalty 24, LLC. Substantial actual and potential conflicts of interest exist among the Offerer and Parent Company and its affiliates, including in connection with the acquisition of Resource Royalty 24, LLC. Securities offered through JCC Capital Markets, LLC, member FINRA/SIPC. Resource Royalty, LLC and JCC Capital Markets, LLC are not affiliates.
Consider the Risks:
Investment in oil and gas royalties is speculative and involves a high degree of risk; investors should be able to bear the complete loss of their investment.
Oil and natural gas prices will fluctuate.
Production levels will fluctuate.
Operators are not obligated to drill or keep wells in production.
Regulatory changes.
There is no assurance that the Offering will achieve all or any of its investment objectives.
Risks include dry wells, unpredictable oil and gas commodity prices.
Production rates may be variable from region to region. Past performance is not indicative of future results.
There is no assurance that these targets will be met.
There is no assurance that additional drilling will take place or will achieve successful results.
Risk factors, including commodity prices and production, can significantly impact the value of the asset and the ability for an investor to liquidate. Interest Holder cannot expect to be able to liquidate in case of emergency.
There are certain risks associated with the federal income tax aspects of an investment in Units. Each investor is urged to consult with and rely on his or her own tax advisor concerning this Offering’s tax aspects and his or her individual situation.
This material may contain forward-looking statements based on expectations and assumptions that are subject to risk and uncertainties.
Actual results could differ materially because of changes to those expectations and assumptions.
Information about this offering contained in this material must be read in conjunction with the confidential Private Placement Memorandum (PPM) which contains additional important risk disclosures and more specific information about the Offering.
This is neither an offer to sell nor a solicitation of an offer to buy interests in the Offering as offers are made solely pursuant to the PPM.
Prospective investors should consult their own advisors to evaluate the tax consequences of an investment.
Investors will rely solely on the Parent Company to manage the Offerer and Resource Royalty 24, LLC.
Substantial actual and potential conflicts of interest exist among the Offerer and Parent
Company and its affiliates, including in connection with the acquisition of Resource Royalty 24, LLC.
Securities offered through JCC Capital Markets, LLC, member FINRA/SIPC.
Resource Royalty, LLC and JCC Capital Markets, LLC are not affiliates.