Mineral, Oil and Gas Broker Law and Legal Definition
A mineral, oil and gas broker is a person who is a consultant and broker and makes arrangement to provide investment opportunities in crude oil and gas exploration, drilling, production and fluids management.
In the U.S., there are companies specializing in oil and gas investments and drilling low risk prospects. These companies also act as mineral, oil and gas brokers. They provide enterprise risk management services for clients with fixed maximum prices for future supplies of oil or natural gas, downside protection, and fuel source switching.
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