Dominion Resources Black Warrior Trust

DOMR · OTC

$0.0001+$0.00 (+0.00%)TodayMarket closed ·
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About DOMR

Dominion Resources Black Warrior Trust is a grantor trust, which engages in the provision of overriding royalty interests for proved natural gas properties located in the Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama. The company is headquartered in Dallas, Texas and currently employs 0 full-time employees. The Trust acquires and holds certain overriding royalty interests (the Royalty Interests) burdening proved natural gas properties located in the Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama (the Underlying Properties) owned by Walter Black Warrior Basin LLC. All of the Underlying Properties consist of producing properties. The Royalty Interests are the assets of the Trust other than cash and temporary investments being held for the payment of expenses and liabilities and for distribution to the Unitholders. The Trust collects the proceeds attributable to the Royalty Interests entitling the holder thereof to approximately 65% of the Gross Proceeds derived from the Dominion Black Warrior Basin, Inc. (Company) Interests (the Company's interest in natural gas properties in which the Company has an interest located in Alabama), and makes cash distributions to Unitholders.

Employees
0
Headquarters
Dallas, Texas
Listed
Jun 21, 1994
Sector
Energy
Industry
Oil, Gas & Consumable Fuels

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