Profile: ECA Marcellus Trust I (ECT.N)

ECT.N on New York Stock Exchange

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ECA Marcellus Trust I (Trust) is a trust formed by Energy Corporation of America (ECA) to own royalty interests in 14 producing horizontal natural gas wells producing from the Marcellus Shale formation and located in Greene County, Pennsylvania (the Producing Wells) and royalty interests in 52 horizontal natural gas development wells to be drilled to the Marcellus Shale formation (the PUD Wells) within the Area of Mutual Interest (AMI) consisted of 9,300 net acres held by ECA in Greene County, Pennsylvania. The royalty interest in the Producing Wells (the PDP Royalty Interest) allows the Trust to receive 90% of the proceeds (after deducting post-production costs and any applicable taxes) from the sale of production of natural gas attributable to ECA’s interest in the Producing Wells. The royalty interest in the PUD Wells (the PUD Royalty Interest) allows the Trust to receive 50% of the proceeds (after deducting post-production costs and any applicable taxes) from the sale of production of natural gas attributable to ECA’s interest in the PUD Wells.

The Underlying Properties consist of the working interests owned by ECA and the Private Investors in the Marcellus Shale formation in Greene County, Pennsylvania arising under leases and farmout agreements related to properties from, which the PDP Royalty Interest and the PUD Royalty Interest is conveyed. As of March 31, 2010, and after giving effect to the conveyance of the PDP Royalty Interest and the PUD Royalty Interest, the total gas reserves attributable to the Trust interests were 104.6 billion cubic feet (Bcf). This amount includes 72.4 Bcf attributable to the PUD Royalty Interest and 32.2 Bcf attributable to the PDP Royalty Interest.

Company Address

ECA Marcellus Trust I

C/O BNY MELLON
STE 500, 919 CONGRESS AVE.
AUSTIN   TX   78701
P: +1800.8521422
F: +1302.6555049

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