Based on decades of experience, family-owned and Mesa-based Kringen Oil provides its clients with the fastest, easiest and most private option for selling mineral rights.
Todd Kringen has worked in the oil and gas industry for 40 years, and he has expanded his business to include his wife, Karla, and two daughters, KaBrina and KaTasha.
“Over the years, I haven’t lost interest in buying minerals, but ever since my daughters have been working for me, it has sparked a new interest in the industry,” said Todd. “I enjoy showing them all aspects of the industry. They now understand every step of the way.”
Clients also benefit from working with a family business and are treated like family themselves. Specifically, they enjoy top-notch customer service and faster decision making than would be possible with a larger company.
“We truly care about our clients, and we often help them out with issues other than their minerals after working with them,” said KaBrina. “Since our clients like working with us, as well, they often tell their friends or family members about us if they are looking to sell their mineral rights, too.”
Clients sell their mineral rights to receive cash quickly, simplify their estate, or to avoid the paperwork and tax complications that come with owning oil properties. Because the oil and gas industry is cyclical, selling mineral rights also can minimize the risk of losing money in those years when oil prices are low.
Kringen Oil also can advise clients on which areas have more lucrative mineral rights that might be less susceptible to cyclical price changes.
“There are years when the price of oil is high, and there certainly are years the price of oil is low,” said KaBrina. “People usually only talk about oil when the price is high. No one ever knows when the price is going to go down or up, so that makes owning minerals a risk.”
In addition to helping clients sell their mineral rights quickly and privately, Kringen Oil also provides its clients with advice on how to navigate their rights, helping to advise on the next steps, and if the client actually owns mineral rights.
To learn more about how Kringen Oil can help you sell or manage your mineral rights, call (480) 380-1101.