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ECA Marcellus Trust I V.ECT.H


Primary Symbol: ECTM

ECA Marcellus Trust I (the Trust) is a statutory trust. The Trust does not conduct any operations or activities. The Trust's purpose is to hold the Royalty Interests, to distribute to the Trust unitholders cash that the Trust receives in respect of the Royalty Interests after the payment of Trust expenses, and to perform certain administrative functions in respect of the Royalty Interests and the Trust units. The Trust owned royalty interests in the 14 Producing Wells and royalty interests in 52 horizontal natural gas development wells to be drilled to the Marcellus Shale formation within the area of mutual interest (AMI), in which Legacy ECA holds approximately 9,300 acres, of which it owned all the working interests, in Greene County, Pennsylvania. The Trust also holds royalty interests in over 40 development wells that are in production. Its subsidiary, Greylock Production, LLC, which operates subject wells. The Bank of New York Mellon Trust Company, N.A. serves as Trustee.


OTCPK:ECTM - Post by User

Post by Derek91on Feb 26, 2018 10:21am
97 Views
Post# 27620312

Big NEWS from ECT (Ellipsiz Communications LTD) UP 50%

Big NEWS from ECT (Ellipsiz Communications LTD) UP 50%Toronto, Ontario, Feb 23, 2018 (FSCWire via Comtex) - Toronto, Ontario (FSCwire) - Ellipsiz Communications Ltd. (formerly NXA Inc.) (TSXV: ECT) (the “Company” or “ECL”) wishes to announce that Company has entered into three non-binding letters of intent (“LOIs”) with arm’s length parties to investigate avenues to expand ECL’s business both in services offered and geographically.  The LOIs cover developing business solution utilizing the internet of things, to investigate the application of blockchain technologies for the telecom industry and sourcing telecom acquisitions in Canada.  ECL would be required to make an initial loan ranging from $25,000 to $50,000 and compensate the strategic partner.  Each opportunity is subject to the completion of definitive documentation.

UP 50%. My stock for the day.
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