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Security Profile
- Security Type
- Common Stock
- CUSIP
- 40222T104
- Market Cap
- Mid Cap · $681 Million
Business: Gulf Coast Ultra Deep Royalty Trust was created in connection with Freeport-McMoRan Copper & Gold Inc.’s acquisition of McMoRan Exploration Co., which was completed on June 3, 2013. Holders of royalty trust units are entitled to share in a 5% gross overriding royalty interest in hydrocarbons saved and produced from each of McMoRan Oil and Gas LLC’s 20 specified shallow water Gulf of Mexico and onshore Gulf Coast ultra-deep exploration prospects.
Notes: Oct. 22, 2015 -- The Nasdaq Stock Market announced today that it will delist the units/beneficial interest of Gulf Coast Ultra Deep Royalty Trust. Gulf Coast Ultra Deep Royalty Trust's stock was suspended on October 16, 2015 and has not traded on Nasdaq since that time. On 10/10/2015 the Company announced that its royalty trust units have been approved to trade on the OTCQX marketplace and began trading there on 10/10/2015 under the same symbol..
Company Contact
- Headquarters
- Bank of NY Mellon Trust Co. as Trustee, 919 Congress Ave., Ste 500, Austin, TX 78701
- Phone
- 713-483-6792
- Investor Relations
- Michael J. Ulrich · 713-483-6792 · Maryjo.Davis@bnymellon.com