Pros
The work schedule at ES3 Minerals is great for work-life balance, with hours typically running from 9 AM to around 5 PM. There’s also the potential to earn well if you can successfully convince mineral owners to sell. However, it’s important to know that ES3 Minerals acts as a middleman, buying at below-market rates to resell to larger buyers.
Cons
The CEO tends to centralize all decision-making, even though the company is structured more like a corporate environment, with limited open communication. Employees are often expected to only engage with their direct managers, who then relay information to the other teams and the CEO for final approval.
About 18 months ago, the company underwent a major shift in direction, driven by some consultants who knew nothing about the mineral business. Since then, there has been significant staff turnover, including the entire mineral acquisition team and the entire executive team, The new manager in charge of the mineral acquisition team has never bought mineral rights or even worked in oil and gas, which leads to challenges, as he doesn't fully understand the business.
It can be difficult to trust the stability of the business when the CEO frequently changes policies on a whim, including rolling out new non-compete contracts, with little notice or options for employees other than to accept them and sign new documents or quit and walk away.