Looking for info on a company… Nexus BSP llc . Can anyone help with how they are related in the acquiring of mineral rights?
Go to their website.
Thanks…wondering if the following statement has any meaning other than…it’s just the business of leasing mineral rights. Statement is…I recently leased my mineral acres to one company (am happy w/price & contract), the same day they recorded the lease…they reassigned to another company who recorded the reassigned lease and that same day that other company reassigned the lease to Nexus BSP llc. who recorded the reassigned lease. Any thoughts on this process?
That is called “flipping”. Happens all the time. Probably means that what you got in the bonus was lower than market rate because all those middle men got a little bit more when they sold it to the next guy.