Latest Torch Energy Royalty Trust (TRRU) Headlines
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Posted On: 03/11/2014 9:12:33 PM
Latest Torch Energy Royalty Trust (TRRU) Headlines
Torch Energy Royalty Trust Announces Filing of Form 15 to End Reporting Obligations Under the United States Securities Exchange Act of 1934
PR Newswire - Fri Feb 21, 3:30PM CST
Torch Energy Royalty Trust (the "Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced that it filed a Form 15 with the Securities and Exchange Commission (the "SEC") on February 20, 2014 to terminate the registration of its units and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Trust is eligible to terminate its registration by filing a Form 15 because it has fewer than 300 unitholders of record.
Torch Energy Royalty Trust Revises Distribution Amount
PR Newswire - Fri Dec 13, 4:21PM CST
Torch Energy Royalty Trust ("Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced with respect to its recently declared cash distribution that the total amount of the distribution is being adjusted down $360,000 due to additional expenses forecasted in the wind down and liquidation of the Trust. As a result, the previously announced applicable record date and the distribution date are being adjusted accordingly. Specifically, the distribution is $3,031,349 or 35.2482 cents per unit, payable on December 30, 2013 to unitholders of record on December 23, 2013. The current expected cash reserve is approximately $510,000.
Torch Energy Royalty Trust Revises Per Unit Distribution Reference
PR Newswire - Thu Dec 05, 3:15PM CST
Torch Energy Royalty Trust ("Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced with respect to its recently declared cash distribution that the per unit reference is 39.4260 cents per unit not .394260 cents per unit as originally reported, payable on December 23, 2013 to unitholders of record on December 13, 2013. The aggregate amount of the distribution ($3,390,639.72) remains as originally reported.
Torch Energy Royalty Trust Declares Fourth Quarter 2013 Cash Distribution
PR Newswire - Wed Dec 04, 3:15PM CST
Torch Energy Royalty Trust ("Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced a cash distribution of $3,390,639.72 or .394260 cents per unit, payable on December 23, 2013 to unitholders of record on December 13, 2013. This distribution mainly relates to the proceeds from the sale of the Trust's remaining assets, net of certain Trust's cost and expenses pertaining to its liquidation. As previously reported in the Trust's Form 8-K as filed with the Securities and Exchange Commission on August 30, 2013, the Trust simultaneously signed and closed a purchase and sale agreement on August 30, 2013 by and among the Trust, Torch Royalty Company, Torch E&P Company, N.M.L. Inc. (the "Buying Parties") and Torch Energy Advisors Incorporated, pursuant to which the Trust and the Torch Energy Louisiana Royalty Trust sold its remaining assets in certain net profits interests attributable to the underlying working interests in certain fields that produce from the Cotton Valley and Austin Chalk formations located in the State of Texas and the Chalkley field located in the State of Louisiana for a purchase price of $3,258,330. The Buying Parties were the successful bidder in the public auction of such assets.
Torch Energy Royalty Trust Announces Filing of Form 15 to End Reporting Obligations Under the United States Securities Exchange Act of 1934
PR Newswire - Fri Feb 21, 3:30PM CST
Torch Energy Royalty Trust (the "Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced that it filed a Form 15 with the Securities and Exchange Commission (the "SEC") on February 20, 2014 to terminate the registration of its units and suspend its reporting obligations under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Trust is eligible to terminate its registration by filing a Form 15 because it has fewer than 300 unitholders of record.
Torch Energy Royalty Trust Revises Distribution Amount
PR Newswire - Fri Dec 13, 4:21PM CST
Torch Energy Royalty Trust ("Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced with respect to its recently declared cash distribution that the total amount of the distribution is being adjusted down $360,000 due to additional expenses forecasted in the wind down and liquidation of the Trust. As a result, the previously announced applicable record date and the distribution date are being adjusted accordingly. Specifically, the distribution is $3,031,349 or 35.2482 cents per unit, payable on December 30, 2013 to unitholders of record on December 23, 2013. The current expected cash reserve is approximately $510,000.
Torch Energy Royalty Trust Revises Per Unit Distribution Reference
PR Newswire - Thu Dec 05, 3:15PM CST
Torch Energy Royalty Trust ("Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced with respect to its recently declared cash distribution that the per unit reference is 39.4260 cents per unit not .394260 cents per unit as originally reported, payable on December 23, 2013 to unitholders of record on December 13, 2013. The aggregate amount of the distribution ($3,390,639.72) remains as originally reported.
Torch Energy Royalty Trust Declares Fourth Quarter 2013 Cash Distribution
PR Newswire - Wed Dec 04, 3:15PM CST
Torch Energy Royalty Trust ("Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced a cash distribution of $3,390,639.72 or .394260 cents per unit, payable on December 23, 2013 to unitholders of record on December 13, 2013. This distribution mainly relates to the proceeds from the sale of the Trust's remaining assets, net of certain Trust's cost and expenses pertaining to its liquidation. As previously reported in the Trust's Form 8-K as filed with the Securities and Exchange Commission on August 30, 2013, the Trust simultaneously signed and closed a purchase and sale agreement on August 30, 2013 by and among the Trust, Torch Royalty Company, Torch E&P Company, N.M.L. Inc. (the "Buying Parties") and Torch Energy Advisors Incorporated, pursuant to which the Trust and the Torch Energy Louisiana Royalty Trust sold its remaining assets in certain net profits interests attributable to the underlying working interests in certain fields that produce from the Cotton Valley and Austin Chalk formations located in the State of Texas and the Chalkley field located in the State of Louisiana for a purchase price of $3,258,330. The Buying Parties were the successful bidder in the public auction of such assets.
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