BPT(Delisted)
BP Prudhoe Bay Royalty TrustยทNYSE
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BPT Profile
Bp Prudhoe Bay Royalty Trust
The largest oil and gas trust in the US that holds overriding royalty interest in the Prudhoe Bay oil field located on the North Slope of Alaska
The Bank of New York Mellon Trust Company, N.A., Trustee, 601 Travis Street Floor 16, Houston, Texas 77002
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BP PRUDHOE BAY ROYALTY TRUST was established on February 28, 1989 under the BP Prudhoe Bay Chartered Trust Agreement (the "Trust Agreement ") of BP Standard Oil Company (" Standard Oil Company "). BP Prudhoe Bay Royalty Trust is a passive investing entity. The activities of the trustee are limited to the collection and distribution of income from franchise interests and the payment of the liabilities and expenses of the trust. Generally, the Trust has no sources of liquidity and capital resources other than the income generated by the franchise interests received from time to time.
