How do you purchase a royalty in minerals, oil, or gas exploration?

Question

How do you purchase a royalty in minerals, oil, or gas exploration?

Answer 1

You buy the stock of the company that has royalty interest in certain commodities. For example in Oil one company will be BPT. It has royalty interest in the first 90,000 barrels of oil produced in selected areas.  It also pays no taxes.  There are other royalty trusts for commodities, however I personally believe that the commodity boom is nearing an end for everything except oil and energy thats why I own BPT.

Answer 2

I recently bought land that had gas lease rights on it and I've heard the company is going to start drilling soon, so I'll hoping start getting royalty checks in the next year or two - probably not enough to get rich, but if it pays my land loan and taxes, I'll be happy