PERMIAN BASIN ROYALTY TRUST PBT

Energy Oil & Gas E&P

Permian Basin Royalty Trust is an express trust. Its Waddell Ranch Properties has mineral interests in the Waddell Ranch. Its Waddell Ranch Properties have proved reserves in six fields: Dune, Sand Hills (Judkins), Sand Hills (McKnight), Sand Hills (Tubb), University-Waddell (Devonian) and Waddell. The Waddell Ranch properties contain approximately 1,067 gross (499 net) productive oil wells and 108 gross (51 net) productive gas wells. The Blackbeard Operating, LLC is an operator of record of the Waddell Ranch properties. In the six fields, there are 12 producing zones ranging in depth from 2,800 to 10,600 feet. The prolific of these zones are the Grayburg and San Andres, which produce from depths between 2,800 and 3,400 feet. Also productive from San Andres are the Sand Hills gas field and the Sand Hills oil field, the Dune (Grayburg/San Andres) oil field, and the Waddell oil field. The Dune and Waddell oil fields are productive from both the Grayburg and San Andres formations.

NYSE:PBT - Post by User

PERMIAN BASIN ROYALTY TRUST > Dear Journal-North

<< Previous

Bullboard Posts

Next >>

Comment by 2t3mon Mar 17, 2008 6:53pm

204 Views

Post# 14736727

RE: Dear Journal-North

Hi Formo,

How are you? Yes Caolila past by few weeks ago, If he comes back I will say hello for you!

Tell me, how much do you expect the dividend to go up in PBT. I was thinking of 0.21 from 0.19/month.
And what about crude oil, where do you think we are heading?

As a Geologist do you follow other interesting company in the crude oil exploration?

Thanks for stopping by FormosaSprings!

<< Previous

Bullboard Posts

Next >>

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle