Type of Cooperative: Consumer
Need it Is serving/ Goals: Organized landowners have greater leverage in negotiating leasing and mineral rights with Oil and Gas companies, as well as having greater purchasing power in Insurance Products, Wealth Management, and Estate Planning. Organized landowner groups can also find other revenue streams from their land such as agro tourism, forest farming, and timber management.
Who Should Join: Landowners in Southeast Ohio
Benefits:
- Access to Oil & Gas Experts
- Income Tax Reduction
- Insurance Discounts
- Professional Services at Reduced Costs (Legal, Accounting, Etc.)
- Estate Planning
- New Revenue Streams
Membership Fee: $50
Landowner Co-op Origin: In SE Ohio, oil and gas companies are targeting families with mineral rich lands to drill, or lay pipes. Some Landowners who have been approached by oil and gas companies found discrepancies in the leasing and mineral rights negotiations offered to them compared to other landowners in the area. By getting organized, landowners can leverage their size to negotiate the most for their leasing and mineral rights.
The Cooperative also exists to protect the Landowners newly accumulated assets from government taxation and other draining factors.