4 Reasons To Be Bullish on Chesapeake Energy [View article]
That is substantially correct. US trusts can continue to drill on their own land but can not add to their land holdings. In the case of SJT, I think the article is a bit misleading: it receives royalties from ConocoPhilips (owner of Burlington Resources) to distribute and does not actually have its own company management or plans to expand its business. (I think it technically has just one employee).
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That is substantially correct. US trusts can continue to drill on their own land but can not add to their land holdings. In the case of SJT, I think the article is a bit misleading: it receives royalties from ConocoPhilips (owner of Burlington Resources) to distribute and does not actually have its own company management or plans to expand its business. (I think it technically has just one employee).
Mar 13 09:45 am
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