Here are the suggestions:
1. Do your homework and cool down. Do you know how deep of the mineral?
2. Make sure if it is a discovered mineral. In TX, there are lots of oil well interests / right for sale.
3. Make sure if it is government / feudal land. Sometimes, there are strong restrictions in public lands.
4. Discuss with your professor / advisor. It is a big plus if your advisor can join the team.
5. Consult an attorney with questions your have (such as if the school owns the discovered rights)
6. Set up a corporation and clarify the shares and responsibilities (don’t worry about your visa)
7. Found VC / investors to fund your project
8. Consult a real estate broker. Mostly likely, you may have to buy the land instead of lease…..
It will be more complicated than these.
1. Do your homework and cool down. Do you know how deep of the mineral?
2. Make sure if it is a discovered mineral. In TX, there are lots of oil well interests / right for sale.
3. Make sure if it is government / feudal land. Sometimes, there are strong restrictions in public lands.
4. Discuss with your professor / advisor. It is a big plus if your advisor can join the team.
5. Consult an attorney with questions your have (such as if the school owns the discovered rights)
6. Set up a corporation and clarify the shares and responsibilities (don’t worry about your visa)
7. Found VC / investors to fund your project
8. Consult a real estate broker. Mostly likely, you may have to buy the land instead of lease…..
It will be more complicated than these.
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