Doyle Hartman Oil Producer

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

Cholla Petroleum, based in Dallas, TX, is a dynamic exploration company that is driven by a vision to never stop exploring. With a team of skilled and spirited individuals, Cholla Petroleum is committed to partnering with others to develop innovative exploration strategies that benefit both the company and the wider community. At Cholla Petroleum, their principles are rooted in the belief that the ultimate resource is people, who possess the liberty to exert their wills and imaginations for their own benefit and the benefit of others. With a focus on continuous exploration and a commitment to staying up to date with industry happenings, Cholla Petroleum is dedicated to pushing the boundaries of exploration in the energy sector.Generated from the website

Eagle Oil & Gas, with offices in Dallas and Wichita Falls, is a leading energy company specializing in oil and gas exploration and production. Our team of experts is dedicated to providing top-notch service and expertise to meet all inquiries and project needs. Generated from their website's infomation