Yes. Very similar to real estate, the 3 factors ensuring value and longevity are locations. Location. And location. Ranger Land & Minerals will only acquire royalty properties connected and drilled by the wall-street-based and publicly traded drilling operators. Not only are they highly capitalized worth billions of dollars and highly experienced, but this group of operators also have access to energy formations in the United States considered world-class, where the productive life of the wells would be more than 50 years.
One example would be, the world-class formation in Texas known as located in Permian West Basin Texas, many of the wells in this area continue to produce after 90 years of production. So yes, the royalty properties offered by Ranger Land & Minerals will not only maintain their original asset value, you should expect your asset to appreciate in value similar to a real estate property held for many years.