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 > No trade?

<< Previous

Bullboard Posts

Next >>

Comment by mmayeron Apr 24, 2018 3:52pm

85 Views

Post# 27934120

RE:No trade?

Aside from a blip on the radar, it's been near 0 for years no?

The peak of volume we saw was, in my opinion just a way for Koh to sell his 20 million shares (do your DD to know what this means).

This peak of volume pulled me in along with a bunch of other suckers. Unless some miracle happens, I am considering this investment one of my biggest mistakes and wrote off the funds in my budget.

ECT spells JUNK... period.