Gulf Coast Ultra Deep Royalty Trust is structured as a statutory trust. Its primary asset is a 5% gross overriding royalty interest, which is derived from future production generated by McMoRan Oil & Gas LLC's lower tertiary/cretaceous exploration prospects. These prospects are situated in both the shallow waters of the Gulf of Mexico and various onshore locations throughout South Louisiana. The trust's corporate headquarters are located in Houston, Texas.
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Gulf Coast Ultra Deep Royalty Trust is structured as a statutory trust. Its primary asset is a 5% gross overriding royalty interest, which is derived from future production generated by McMoRan Oil & Gas LLC's lower tertiary/cretaceous exploration prospects. These prospects are situated in both the shallow waters of the Gulf of Mexico and various onshore locations throughout South Louisiana. The trust's corporate headquarters are located in Houston, Texas.
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Daily adjusted close
Gulf Coast Ultra Deep Royalty Trust is structured as a statutory trust. Its primary asset is a 5% gross overriding royalty interest, which is derived from future production generated by McMoRan Oil & Gas LLC's lower tertiary/cretaceous exploration prospects. These prospects are situated in both the shallow waters of the Gulf of Mexico and various onshore locations throughout South Louisiana. The trust's corporate headquarters are located in Houston, Texas.