MetroSoft SOGAS

• Provides a flexible tool to properly manage developed and undeveloped properties
• Federal leases utilize effective date verses lease date (system will not start paying rentals until effective date is reached)
• Ability to handle gross and net acreage by lease, sub-lease and tract
• Monitors assignments by date and produces an “Exhibit A” report showing history
• Monitors shut-in clauses by date and makes shut-in payments based on the assigned clause
• Multiple Payees by lease, sub-lease and tract
• Ability to print rental confirmation, rental recommendation, special obligation, lease status, lease expiration and fiduciary letters
• Ability to review on line and/or print report listing rentals due, expired leases, contracts and obligations as needed
• IRS reports (1099 data)
• Unlimited free form remarks and legal description capability
• Capable of handling unitization of leases

Next: SOGAS Reports