TELOZ News Alert Tel Offshore Trust (TELOZ) 0.1500 02/15/2015
Post# of 64074
Posted On: 02/15/2015 4:31:27 PM
Tel Offshore Trust (TELOZ) 0.1500 $TELOZ
TEL Offshore Trust Announces There Will Be No Fourth Quarter 2014 Distribution
Business Wire - Mon Dec 29, 4:00PM CST
TEL OFFSHORE TRUST (the "Trust"
announced that there will be no trust distribution for the fourth quarter of 2014 for unitholders of record on December 31, 2014. The Trust has not been able to make a distribution to unitholders for twenty-four consecutive quarters, or since January 9, 2009. The financial and operating information included herein for the Trust's fourth quarter of 2014 reflects financial and operating information with respect to the royalty properties for the months of August, September and October 2014.
TEL Offshore Trust Provides Update on Probate Proceeding and Announces There Will Be No Third Quarter 2014 Distribution
Business Wire - Mon Oct 06, 3:30PM CDT
TEL OFFSHORE TRUST (the "Trust" provided an update on the previously announced probate proceeding and also reported that there will be no trust distribution for the third quarter of 2014.
TEL Offshore Trust Provides Update on Probate Proceeding
Business Wire - Fri Sep 19, 3:56PM CDT
As previously disclosed by the TEL OFFSHORE TRUST (the "Trust" in a press release dated July 10, 2014, The Bank of New York Mellon Trust Company, N.A., as Corporate Trustee, and Gary C. Evans, Jeffrey S. Swanson and Thomas H. Owen, Jr., as Individual Trustees (collectively, the "Trustees" , filed a Petition for Modification and Termination of Trust (the "Petition" with the Probate Court of Travis County, Texas (the "Court" , in Cause No. C-1-PB-14-001245 (the "Probate Proceeding" .
TEL Offshore Trust Announces Filing of Petition for Modification and Termination of Trust
Business Wire - Thu Jul 10, 3:30PM CDT
TEL OFFSHORE TRUST announced that on July 10, 2014, The Bank of New York Mellon Trust Company, N.A., as Corporate Trustee, Gary C. Evans, Jeffrey S. Swanson and Thomas H. Owen Jr., as Individual Trustees (collectively, the "Trustees" filed a Petition for Modification and Termination of Trust (the "Petition" with the Probate Court of Travis County, Texas (the "Court" . The Petition requests the Court to modify the TEL Offshore Trust Agreement (the "Trust Agreement" to (1) allow for the termination of the TEL Offshore Trust (the "Trust" by a court order, and (2) allow the Trustees, as necessary to fulfill the purposes of the Trust and without the approval of the Trust's unitholders, to (a) sell all or any portion of the Trust's interest in the TEL Offshore Partnership (the "Partnership" or any other assets of the Trust, (b) exercise their rights to dissolve the Partnership, or (c) cause the Partnership to sell the remaining overriding royalty interest owned by the Partnership.
TEL Offshore Trust Announces There Will Be No Second Quarter 2014 Distribution
Business Wire - Wed Jul 02, 3:15PM CDT
TEL OFFSHORE TRUST announced that there will be no trust distribution for the second quarter of 2014 for unitholders of record on June 30, 2014. The Trust has not been able to make a distribution to unitholders for twenty-two consecutive quarters, or since January 9, 2009. Except as disclosed below, the financial and operating information included herein for the Trust's second quarter of 2014 reflects financial and operating information with respect to the royalty properties for the months of February, March, and April 2014.
TEL Offshore Trust Announces There Will Be No Fourth Quarter 2014 Distribution
Business Wire - Mon Dec 29, 4:00PM CST
TEL OFFSHORE TRUST (the "Trust"
announced that there will be no trust distribution for the fourth quarter of 2014 for unitholders of record on December 31, 2014. The Trust has not been able to make a distribution to unitholders for twenty-four consecutive quarters, or since January 9, 2009. The financial and operating information included herein for the Trust's fourth quarter of 2014 reflects financial and operating information with respect to the royalty properties for the months of August, September and October 2014. TEL Offshore Trust Provides Update on Probate Proceeding and Announces There Will Be No Third Quarter 2014 Distribution
Business Wire - Mon Oct 06, 3:30PM CDT
TEL OFFSHORE TRUST (the "Trust"
provided an update on the previously announced probate proceeding and also reported that there will be no trust distribution for the third quarter of 2014. TEL Offshore Trust Provides Update on Probate Proceeding
Business Wire - Fri Sep 19, 3:56PM CDT
As previously disclosed by the TEL OFFSHORE TRUST (the "Trust"
in a press release dated July 10, 2014, The Bank of New York Mellon Trust Company, N.A., as Corporate Trustee, and Gary C. Evans, Jeffrey S. Swanson and Thomas H. Owen, Jr., as Individual Trustees (collectively, the "Trustees" , filed a Petition for Modification and Termination of Trust (the "Petition" with the Probate Court of Travis County, Texas (the "Court" , in Cause No. C-1-PB-14-001245 (the "Probate Proceeding" . TEL Offshore Trust Announces Filing of Petition for Modification and Termination of Trust
Business Wire - Thu Jul 10, 3:30PM CDT
TEL OFFSHORE TRUST announced that on July 10, 2014, The Bank of New York Mellon Trust Company, N.A., as Corporate Trustee, Gary C. Evans, Jeffrey S. Swanson and Thomas H. Owen Jr., as Individual Trustees (collectively, the "Trustees"
filed a Petition for Modification and Termination of Trust (the "Petition" with the Probate Court of Travis County, Texas (the "Court" . The Petition requests the Court to modify the TEL Offshore Trust Agreement (the "Trust Agreement" to (1) allow for the termination of the TEL Offshore Trust (the "Trust" by a court order, and (2) allow the Trustees, as necessary to fulfill the purposes of the Trust and without the approval of the Trust's unitholders, to (a) sell all or any portion of the Trust's interest in the TEL Offshore Partnership (the "Partnership" or any other assets of the Trust, (b) exercise their rights to dissolve the Partnership, or (c) cause the Partnership to sell the remaining overriding royalty interest owned by the Partnership. TEL Offshore Trust Announces There Will Be No Second Quarter 2014 Distribution
Business Wire - Wed Jul 02, 3:15PM CDT
TEL OFFSHORE TRUST announced that there will be no trust distribution for the second quarter of 2014 for unitholders of record on June 30, 2014. The Trust has not been able to make a distribution to unitholders for twenty-two consecutive quarters, or since January 9, 2009. Except as disclosed below, the financial and operating information included herein for the Trust's second quarter of 2014 reflects financial and operating information with respect to the royalty properties for the months of February, March, and April 2014.
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