Profile: Gulf Coast Ultra Deep Royalty Trust (GULTU.PK)
17 Jul 2019
Gulf Coast Ultra Deep Royalty Trust (the Royalty Trust), incorporated on December 18, 2012, is a statutory trust. The Company is engaged in holding overriding royalty interests in future production from each of McMoRan Oil & Gas LLC's Inboard Lower Tertiary/Cretaceous exploration prospects. The exploration prospects are located in the shallow waters of the Gulf of Mexico and onshore in South Louisiana.
The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses. The Company's subject interests consist of approximately 20 specified Inboard Lower Tertiary/Cretaceous. The offshore subject interests consist of exploration prospects, which include Barataria; Barbosa; Blackbeard East; Blackbeard West; Bonnet; Calico Jack; Captain Blood; Davy Jones; Davy Jones West; Drake; England; Hook; Hurricane; Lafitte; Morgan, and Queen Anne's Revenge. The onshore subject interests consist of Highlander, Lineham Creek and Tortuga.
Gulf Coast Ultra Deep Royalty Trust
601 Travis St Fl 16
HOUSTON TX 77002-3252