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PermRock Royalty Trust C.PRT


Primary Symbol: PRT

PermRock Royalty Trust (the Trust) is a statutory trust. The Trust owns a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties owned by Boaz Energy II, LLC (Boaz Energy) in the Permian Basin of West Texas. The underlying properties consist of about 31,354 gross (22,394 net) acres in the Permian Basin. The Permian Basin extends over 75,000 square miles in West Texas and Southeastern New Mexico. The underlying properties consist of four operating areas. Permian Clearfork area consists of about 2,434 net acres on the Central Basin Platform of the Permian Basin in Hockley and Terry Counties, Texas. Permian Abo area consists of about 1,667 net acres on the Central Basin Platform of the Permian Basin in Terry and Cochran Counties, Texas. Permian Shelf area consists of about 14,390 net acres on the Eastern Shelf of the Permian Basin. Permian Platform area consists of about 3,903 net acres.


NYSE:PRT - Post by User

Post by MarketMakersson Aug 22, 2023 5:55pm
70 Views
Post# 35600754

MOU for Strategic Partnership with Limitless Integrations

MOU for Strategic Partnership with Limitless Integrations

UAV drone management and operations services company, Aether Global Innovations (AETH.c AETHF) is revolutionizing the drone technology market by providing cutting-edge automation and development solutions.

As automation and AI play a pivotal role in enhancing the capabilities and services provided by drones, AETH delivers bespoke services focused on serving large property and critical infrastructure owners, operators, and their management teams.

AETH recently signed an MOU for a Strategic Partnership with Limitless Integrations LLC, an integration solutions and deployment service provider for safety and security communications and surveillance technologies.

Focused initially on collaborative product integrations and deployment for large-scale facilities and critical infrastructure operations, this partnership will further both companies' combined business strategies for supporting property owners in the management and monitoring of their facilities, specifically around drone base station infrastructure and technology integrations.

This news follows AETH's previous Strategic Partnership MOU with Senseta, a deep tech, AI and big data-driven cybersecurity & intelligent drone services company.

This partnership furthers AETH's 3 part business strategy for supporting critical infrastructures and large-scale facilities, including drone design and development, automation and integration and drone base station infrastructure and technology.

AETH has been on a steady expansion path, moving into key markets including agriculture and farms, oil and gas, combined monitoring solutions and, construction, mining and critical infrastructure.

Latest News Release: https://aethergic.com/2023/08/21/aether-global-innovations-corp-and-idroneimages-ltd-sign-strategic-partnership-mou-with-limitless-integrations-llc-an-integration-solutions-and-deployment-service-provider-for-safety-and-security/

Posted on Behalf of Aether Global Innovations Corp.


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