Coronado Resource

Headquartered in Fort Worth, Texas, San Juan Basin Royalty Trust was established in November 1980 by a trust indenture between Southland Royalty and The Fort Worth National Bank. The trust was created to oversee the royalty interest carved out of Southland Royalty s oil and gas leasehold and royalty interest in the San Juan Basin of northwestern New Mexico. This net overriding royalty interest is the principal asset of the trust. Under the indenture, TexasBank has the primary function of collecting monthly net proceeds attributable to the royalty and making monthly distributions to unit holders after deducting administrative expenses and any amounts necessary for cash reserves. The San Juan Basin Royalty Trust is listed on the New York Stock Exchange under the symbol SJT.

Dorchester Minerals is active in the area of oil and natural gas properties through the acquisition, ownership and administration of net profits interests and royalty properties. The company was formed by the combination of Dorchester Hugoton, Republic Royalty Company and Spinnaker Royalty Company. Dorchester Hugoton was a publicly traded Texas limited partnership and Republic and Spinnaker were private Texas limited partnerships. On Sept. 30, 2004, the company acquired producing and nonproducing mineral, royalty and overriding royalty interests located in more than 100 counties and parishes in six states in exchange for total consideration of approximately 1.2 billion of its common units. The transaction was structured as a merger between the seller and its wholly owned subsidiary, Dorchester Minerals Acquisition. The company acquired minor mineral and leasehold interests located in Steuben County, N.Y., and Hidalgo County, Texas, during the year ended Dec. 31, 2004. Dorchester Minerals is headquartered in Dallas.

Marine Petroleum Trust, a royalty trust established in 1956 under Texas law, serves as a conduit for administering and liquidating rights to payments from oil and natural gas leases in the Gulf of Mexico. The trust's interests, originally held by Gulf Oil Corporation and now by Chevron Corporation and Elf Exploration, Inc., are managed by its wholly-owned subsidiary, Marine Petroleum Corporation. Ninety-eight percent of oil, natural gas, and mineral royalties collected by Marine Petroleum Corporation are distributed to the trust, with approximately 60% of revenues from oil and 40% from natural gas. The trust's term is set to expire on June 1, 2021, unless extended by majority unit holder vote, and its financial performance is influenced by factors such as well productivity, market demand fluctuations, and oil and gas price variations.Generated from the website