This week on Mining Money, Brandon Davis and Imran Khan of Swan Energy talk about the value of a Landman in oil and gas. From court house deep dives to geology to knowing the right people at the right time are discussed.
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Jason Spiess: Thank you very much for joining the program here today. Mining Money, the weekly segment with Brandon Davis and Imran Khan of Swan Energy experts out there skin in the game investments across Shale Play USA as well as other industries too. Gold, transportation, etc. Today I wanted to bring you two in to talk a little bit about the value and importance of a landman, landwoman, landperson, in the oil and gas industry. It’s the one kind of jack of all trades, at least from my perspective, somebody who can really make deals happen and kind of are the silent, uh, silent deal makers out there. So i just wanted to set that table in that way and then kind of hand the baton off a little bit to you guys. First of all, hello, how are you before we get into the meat and potatoes part of it. You guys doing okay today?
Imran Khan: Doing well, thank you for asking. How are you?
Jason Spiess: I’m doing good. You know how it is you get in the thick of things and sometimes you get so focused on work, you forget to take a step back and just see how people are doing in today’s day and age. So I thought I’d do that quick and just see how things are going before we get into the kind of the value of a landman, a landwoman, a landperson. Brandon how are you doing over there?
Brandon Davis: The reality is Jason nobody gives a damn how we are and if they do I’m concerned, so I appreciate you asking all the formalities. But we’re doing well. It’s just nobody cares.
Jason Spiess: Well let’s get to Mining Money then. Let’s get to what people care about, making money, getting deals done and figuring out how the heck to navigate through the times of uncertainty. I was at a dinner party the other day and people are asking me all kinds of questions because i was in the oil and gas business according to them and the oil and gas business is always full of uncertain times you know so people are starting to look at the industry folk as people to help navigate through some of these different times and that got me thinking about landmen and last week during our mining money segment you brought up uh working with different landmen from time to time depending on how many different deals you have going and it fluctuates this and that. And so I made a little note of that as well as the engineers of course but that’s that’s a pretty obvious one the reason for a petroleum engineer and some of the geologists and that sort of thing, but I don’t think a lot of people understand the value behind a land man so uh talk to me a little bit about that area of how they operate and intertwine and intermingle with your business if you wouldn’t mind.
Brandon Davis: Well first of all a landman could be a man or a woman, so there is no land woman. It’s a landman. I have a landman that works for me full-time who is a woman. She is amazing at her job and does everything probably more perfect than it needs to be which is kind of how you want it. But the truth be told the landman and that whole group of individuals dr...