LOMOCO Inc. - About Us
LOMOCO Incorporated is a family-owned and operated oil and gas mineral, royalty and working interest management company, specializing in the acquisition of oil and gas interests from individuals, businesses and estates throughout the United States. Donald P. Warren, a 28 year veteran of the petroleum industry, formed LOMOCO, INC. in 1994, and has headquartered operations in Tyler, Texas since opening. Our business philosophy is simple: we offer a competitive cash bid for your mineral, royalty or working interest. LOMOCO strives for every deal to be a win-win for both the buyer and seller.
Although every owner has different reasons for selling their interest, previous sellers have noted a variety of considerations:
- Raise quick cash for investments and other needs
- Eliminate the necessity to collect and maintain tax information
- Receive a lump sum payment, rather than receiving monthly checks, which are many times smaller
- Avoid the time and cost associated with determining the tax liability related to your interest
- End the division of interests among family members, which decreases the value overtime
If you are a mineral, royalty or working interest owner who is interested in selling all or a portion of your properties, please click on the Bid Request tab at the top of the page and fill out the online form. The process is quick and easy. We will evaluate your property, make a cash offer, and if you accept, we will prepare all documentation required for a prompt closing.
REMEMBER: requesting a bid does not obligate you to sell your interest. LOMOCO is willing to evaluate your interest and prepare a cash offer for your consideration.
Our business success depends on your satisfaction, so please do not hesitate to contact Don Warren if you have questions or comments.