Managing oil, gas and mineral assets comes with complexity and risk. You want to protect your interests while capitalizing on every revenue opportunity.
At Northern Trust, we have expertise managing these assets in every producing state and Canada. We know how to navigate this ever evolving industry and volatile pricing structures. We use deep industry knowledge and resources to evaluate return and risk for every asset, including potential environmental liabilities and tax implications. We follow industry trends closely and have experience with unconventional formations and new technologies. We aggressively negotiate leases seeking to obtain the best terms for the lessor increasing royalties and bonuses and including clauses to provide needed protections and flexibility. We tailor solutions to meet your specific needs, with a goal to maximize returns and minimize risk.
Mrs. Tipping was born and raised in Houston, Texas. She received her B.A. in Political Science from Texas Tech University and attended South Texas College of Law. She worked in Probate and Estate Planning for several years in Houston and Dallas. In 2004, she moved to North Texas to take a position as the Managing Crew Chief of landmen focusing on oil and gas activity primarily in Texas and Oklahoma. Leslie's particular area of interest has been in the Permian Basin. Mrs. Tipping has extensive experience in abstracting, title and title curative, due diligence, leasing and obtaining other oil & gas agreements. Her crew provided complete land services to large oil & gas companies such as Devon and XTO. In 2010, Mrs. Tipping became the Regional Director of Mineral Management at JP Morgan Chase Bank. Leslie joined Northern Trust in 2014. She is responsible for developing new oil and gas management relationships, as well as managing oil, gas and minerals held in trusts, estates and advisory accounts. She is an active member of the AAPL and serves on the Board of Northwood Woman's Club.
Whether a gift of a mineral interest is a proposed lifetime gift from a donor, or comes to the charity through an Estate, the charity should first determine the type of interest. Typically, there are several forms of mineral interests that are generally received by charitable organizations. The specialized nature of mineral interests requires internal and external expertise to manage these unique assets.
This information is not intended to be and should not be treated as legal advice, investment advice or tax advice and is for informational purposes only. Readers, including professionals, should under no circumstances rely upon this information as a substitute for their own research or for obtaining specific legal or tax advice from their own counsel. All information discussed herein is current only as of the date appearing in this material and is subject to change at any time without notice.
Certain affiliates of Northern Trust may be utilized in providing investment management services, including Northern Trust Investments, Inc. and 50 South Capital Advisors, LLC, which are registered under the Investment Advisers Act of 1940.
This information, including any information regarding specific investment products or strategies, does not take into account the reader’s individual needs and circumstances and should not be construed as an offer, solicitation or recommendation to enter into any transaction or to utilize a specific investment product or strategy. This presentation is neither an offer to sell, nor a solicitation of an offer to buy an interest in an investment fund.