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.

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ECA Marcellus Trust I > No trade?

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Comment by 2Good2beTrueon Apr 24, 2018 11:34pm

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Post# 27935801

RE:RE:No trade?

Had my expectations through the roof on this one... won't tell how much i invested in this cause i feel dumb but let's just say too much.

If Ellipsiz goes down i'll be going down with it... can't even consider selling at this price. Could turn out to be my worst move ever but i still think there's a potential here... would just not recommend anyone investing in ECT unless you are willing to risk money you don't need.

All i know for sure is that the annuals will be released soon and i hope it will slowly recover after.

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