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Gulf Coast Ultra Deep Royalty Trust
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Gulf Coast Ultra Deep Royalty Trust (GULTU) does not currently pay a dividend.
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About
Energy
Sector
Oil & Gas Exploration & Production
Industry
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.
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