Posted On: 07/11/2015 7:00:47 PM
Post# of 273308
Whiting USA Trust I (WHXT) 0.0451 $WHXT
Whiting USA Trust I Announces Trading and Rights to Potential True-Up Distribution
Business Wire - Wed Mar 18, 4:04PM CDT
Whiting USA Trust I (the "Trust"
is issuing this press release to clarify the rights of street name holders of Trust units as it relates to any future "true-up" distribution after the final March 19, 2015 record date. As previously announced, the net profits interest generated a $133,718 net loss for the period of January 1, 2015 through January 28, 2015, the termination date of the net profits interest. However, because that determination was based on calculations that included estimates, there is a slight possibility that actual revenues and expenses relating to the net profits interest could result in a small "true-up" distribution to the Trust on or about August 31, 2015.
Whiting USA Trust I Announces There Will Be No Final Distribution
Business Wire - Tue Mar 10, 3:34AM CDT
Whiting USA Trust I (OTC Pink: WHXT) announced that it determined today that there will be no payment made to unitholders for the final Trust distribution period due to the net profits interest not generating positive net proceeds from January 1, 2015, through the net profits interest termination date of January 28, 2015 (the "final distribution period".
Whiting USA Trust I Announces Trading and Rights to Potential True-Up Distribution
Business Wire - Wed Mar 18, 4:04PM CDT
Whiting USA Trust I (the "Trust"
is issuing this press release to clarify the rights of street name holders of Trust units as it relates to any future "true-up" distribution after the final March 19, 2015 record date. As previously announced, the net profits interest generated a $133,718 net loss for the period of January 1, 2015 through January 28, 2015, the termination date of the net profits interest. However, because that determination was based on calculations that included estimates, there is a slight possibility that actual revenues and expenses relating to the net profits interest could result in a small "true-up" distribution to the Trust on or about August 31, 2015. Whiting USA Trust I Announces There Will Be No Final Distribution
Business Wire - Tue Mar 10, 3:34AM CDT
Whiting USA Trust I (OTC Pink: WHXT) announced that it determined today that there will be no payment made to unitholders for the final Trust distribution period due to the net profits interest not generating positive net proceeds from January 1, 2015, through the net profits interest termination date of January 28, 2015 (the "final distribution period"
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