USX:ECT - ECA Marcellus Trust I ECA Marcellus Trust I
Sector: Unknown, Industry: Unknown
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USD 0.03    +0.0 (+0%)

28 Jan 2021


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General

IPO: 2010-07-01

Headquarters: US

Employees: 0

Description

ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells and 40 development wells. Its royalty interests in the producing wells allow the company to receive 90% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the producing wells; and 50% of the proceeds from the sale of production of natural gas attributable to ECA's interest in the development wells. ECA Marcellus Trust I was founded in 2010 and is based in Houston, Texas.

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