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Gulf Coast Ultra Deep Royalty Trust GULTU

Energy Oil & Gas E&P
Gulf Coast Ultra Deep Royalty Trust (the Royalty Trust) is a statutory trust. The Company holds overriding royalty interest in future production from each of McMoRan's Inboard Lower Tertiary/Cretaceous exploration prospects located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. The Royalty Trust's reserve fund short-term investments include United States treasury securities. The Company's subject interests consist of approximately 20 specified Inboard Lower Tertiary/Cretaceous. The offshore subject interests consisted of exploration prospects, including Barataria, Barbosa, Blackbeard East, Blackbeard West, Blackbeard West, Bonnet, Calico Jack, Captain Blood, Davy Jones, Davy Jones West, Drake, England, Hook, Hurricane, Lafitte, Morgan, and Queen Anne's Revenge. The Company’s onshore subject interests consisted of Highlander, Lineham Creek, and Tortuga.


OTCPK:GULTU - Post by User

Gulf Coast Ultra Deep Royalty Trust
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Post by CarrFlournoyon Aug 04, 2022 11:12am
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Post# 34871089

stale info

stale infothe info is stale  and no updates in several years   soon the state of LA will give 5 day  notice on the lease     TBC   see pub records on this pending event 
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Dealroom for high-potential pre-IPO opportunities