Download oil, gas and mineral rights

OIL, GAS AND MINERAL RIGHTS Dick Sadler, National Oil and Gas Manager, U.S. Trust My name is Dick Sadler, I am the national oil and gas manager for U.S. Trust. When I talk to people about getting an oil and gas asset, there’s a lot of things to managing this asset. Negotiating the lease is just a part of it. I’ve got a staff of 80 able bodied assistants that actually do a great job. We’ve got oil and gas professionals, petroleum engineers, geologist, and we manage about 106,000 interests around the country, in about 40 states. In a lot of cases these are inherited assets, they’ve been in the family for generations. Other times though, people can acquire this property and not realize they’re acquiring the mineral rights as well. Until an oil company shows up at their door wanting to lease. When somebody has these types of assets, to properly manage them, you need to have an engineering background, a land background, surface management background and also an accounting type background. Not too many people have all these. U.S. Trust does. I’ve been around this business all my life. I love it. It was tough to get me in this suit. Please see back page for important information. U.S. TRUST | OIL, GAS AND MINERAL RIGHTS Important Information Nonfinancial assets, such as closely‐held businesses, real estate, oil, gas and mineral properties, and timber, farm and ranch land, are complex in nature and involve risks including total loss of value. Special risk considerations include natural events (for example earthquakes or fires), complex tax considerations, and lack of liquidity. Nonfinancial assets are not suitable for all investors. Opinions expressed herein are those of the featured participant, U.S. Trust, and may differ from those of Bank of America Corporation and its affiliates. The information presented in this video for discussion purpose only and is not intended to serve as a recommendation or solicitation for the purchase or sale of any type of security. This video does not constitute investment advice and is issued without regard to specific investment objectives or the financial situation of any particular recipient. Always consult with your independent attorney, tax advisor, investment manager and insurance agent for final recommendations and before making any tax‐related investment decisions or changing or implementing any financial, tax or estate planning strategy. Investment products: Are Not FDIC Insured
Are Not Bank Guaranteed
May Lose Value
U.S. Trust operates through Bank of America, N.A., and other subsidiaries of Bank of America Corporation. Bank of America, N.A. and U.S. Trust Company of Delaware (collectively the “Bank”) do not serve in a fiduciary capacity with respect to all products or services. Fiduciary standards or fiduciary duties do not apply, for example, when the Bank is offering or providing credit solutions, banking, custody or brokerage products/services or referrals to other affiliates of the Bank. Bank of America, N.A., Member FDIC. © 2015 Bank of America Corporation. All rights reserved. ARR8YH5T 2