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There are many circumstances that will require appraisals of oil and gas interests. Examples include valuation for Pennsylvania Inheritance Tax and Federal Estate and Gift Tax purposes, for equitable distribution in divorce, Realty Transfer Tax, Limited Liability and Family Limited Partnerships, and other reasons. Appraisals will be needed both for pre-production interests, and for those wells already in production.
Information is the key to preparing credible appraisals of oil and gas interests. To prepare a credible appraisal report, the appraiser must have access to data regarding current and historical leasing rates, and information concerning natural gas production.
At Marcellus Gas Appraisals we have access to a data base that is second to none in the state for gas leases, and we also have significant production information at hand. We believe we have the most extensive data regarding Marcellus gas leases in the state
All of the members of Marcellus Gas Appraisals are trained to the Uniform Standards of Professional Appraisal Practice (USPAP) and are competent, able, and qualified to provide USPAP compliant appraisals of oil and gas interests in the Marcellus Shale gas play.
Lester Greevy has been awarded the Certified Mineral Manager Certificate as a professional mineral and royalty asset manager by the National Association of Royalty Owners (NARO) Institute of the NARO Foundation.
We hope we can be of assistance to you in providing appraisals as described above. Please see our contact information on our “Contact Us” page.
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