MV Purchasing FAQ
Howdy! MV Purchasing has partnered with MineralAnswers.com to host royalty statements and power their owner relations support. Please see answers to some of our frequently asked questions below.
MV Purchasing has partnered with MineralAnswers.com to host revenue detail statements for their payees. We are so excited that you are here! Please see answers to some of our frequently asked questions below.
How do I access my statements?
If you have not created an account with MineralAnswers.com yet, you will first need to register. You can register your account using the link below:
If you already have an account set up with MineralAnswers.com, you can login here.
What information do I need to register my account?
You will need the following information from one of your past statements in order to register your account:
Owner number
Check number
Check amount
Be sure to select "Royalty Check" as your statement validation type.
What if I can't remember my password?
If you cannot remember your password, you can reset your password using the link below:
Helpful Tip: If you can't find your forgot password email, please check your SPAM folder.
How do I access my 1099 online?
You will need to contact MV Purchasing owner relations to get a copy of your 1099. Contact info is at the bottom of this FAQ.
What if I receive statements from other operators as well?
If you receive statements from other operators that host their statements on MineralAnswers.com, you can easily add those statements to your account using the "Add Statements" option at the top of your "Inbox" page. You can see a drop-down menu of all the operators we host statements for there.
What is the minimum suspense amount before I am paid?
Checks are not issued until the royalty payment amount reaches a minimum of $100.00. However, once a year, checks are issued for royalty payments that amount to $10.00 or more.
When are checks issued?
Revenue checks are issued on or about the 25th of each month, and directly deposited funds are deposited around the same time of each month as well.
What do I do if I do not receive my check?
Please wait until the 15th calendar day of the following month for your check to arrive in the mail. If you believe your check has been lost or stolen, please contact our Owner Relations team at the contact information listed below so that we may stop payment and reissue the check.
How do I verify my identity? (only for operators using this service)
How do I set up direct deposit payments?
How do I change my address?
How do I add additional statements to my account?
What do I need to provide if someone has died?
While the ownership changes due to death vary by state, Dunamis Energy assets are located in the State of Colorado. Therefore, to change the ownership of the land, minerals and/or royalties, you may also need to follow the laws of the state in which the assets are located. If you have other questions regarding probate proceedings, we recommend that you consult with a legal professional for further assistance.
If the owner had a Will and probate proceedings have occurred, please provide a copy of the following:
Death Certificate
Last Will and Testament recorded in the county where the property is located
Order Admitting Will to Probate recorded in the county where the property is located
Letters Testamentary recorded in the county where the property is located
A completed IRS Form W-9 for the new owner(s)
If the owner did NOT have a Will and probate proceedings will NOT occur, please provide a copy of the following:
Death Certificate
Two notarized Affidavit of Death & Heirship forms completed by two disinterested parties. Both forms must be recorded in the county the property is located
A completed IRS Form W-9 for the new owner(s)
For an Estate to receive payment while probate proceedings are ongoing, please provide a copy of the following:
Death Certificate
Letters Testamentary or Letters of Administration
A completed IRS Form W-9 for the Estate including the Estate TIN
If the owner had a Life Estate, please provide a copy of the following:
Death Certificate
A completed IRS Form W-9 for each Remainderman
I have sold my interest to someone else, or I have bought someone else’s interest. What do I need to send to you?
Please provide copies of the following:
Conveyance document that evidences the sale or purchase, recorded in the county where the property is located
A completed IRS Form W-9 for the new owner(s)
What do I provide if I have a name change?
Please provide a copy of the following, as applicable:
Marriage Certificate
Divorce Decree
Court documents showing the name change
Additional documentation may be required after all documentation provided has been reviewed. The owner/heirs are responsible for recording fees. Please contact the applicable county for recording fee information.
MV Purchasing Contact Information
We make it easy for you to accomplish much of what you need to do from right within the portal. However, for the following questions or concerns, you'll need to reach out to MV Purchasing directly:
Why haven't I been paid?
Specific questions regarding your statement and its values.
You can contact MV Purchasing directly using the information below:
316-469-0163
If you have any additional questions, feel free to contact us using the chat in the bottom right corner of the screen!