Cross Timber Royalty Trust

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

Venable Exploration, based in Dallas, TX, specializes in VR4-Midpan LP mineral rights. Their data coverage includes detailed information on property ownership, interests, appraisal values, and more in Texas. With a focus on providing comprehensive data, they offer insights into various mineral owners and mutual interest owners associated with VR4-Midpan LP. MineralHolders.com, a platform used by Venable Exploration, aims to offer a detailed database of mineral holders and interests across Texas. Covering approximately 99% of producing properties in the state, they provide valuable information on over 776K mineral owners and $243B in total appraised properties. This resource serves as a crucial tool for individuals seeking to research and understand mineral rights in the region. Generated from the website content

Fagin Resources, Inc. is a privately-held business based in Dallas, Texas, with diverse interests in real estate, oil and gas, and investments. One of their affiliates, Clearhurst Oil and Gas, Ltd., operates from their office located at 4849 Greenville Avenue, Suite 1690, Dallas, Texas 75206.Generated from the website