ECA Marcellus Trust I V.ECT.H

Primary Symbol: ECTM

Energy Oil & Gas E&P

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

ECA Marcellus Trust I > why is it dropping??

<< Previous

Bullboard Posts

Next >>

Comment by AcynicalJedion Mar 01, 2018 3:17pm

44 Views

Post# 27646361

RE:why is it dropping??

Stockjatt wrote: when can we expect news??

I expect there to be a a singifigant amount of action and consolidation between .02 and .025 before we test .03.

we just got news on friday but it was rather vague.

Hopefully the next NR will give some more insight into the LOIs that have been entered into.

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading