Holds a royalty interest in natural gas and oil properties in the San Juan Basin, collecting a share of production proceeds for distribution to unit holders.
10-K, filed Mar 27, 2026Pursuant to the Net Overriding Royalty Conveyance (the “Conveyance”) effective November 1, 1980, Southland conveyed to the Trust a 75% net…View ↗
As of December 31, 2025, 99.1% of the Trust’s estimated proved reserves consisted of natural gas reserves, and 97.5% of the Gross Proceeds…View ↗
The primary function of the Trustee is to collect the Royalty Income, to pay all expenses and charges of the Trust and to distribute the…View ↗
Hilcorp operates the properties and pays royalty income to the Trust; the Trustee distributes any remaining available income to unit holders.
10-K, filed Mar 27, 2026
Loading...