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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (21213)5/3/1998 2:16:00 PM
From: Jack Be Quick  Read Replies (2) | Respond to of 95453
 
PK, * somewhat OT *

I don't know anything about the kind of energy trusts you're asking about; but you might want to also look at something like KPP (Kaneb Pipeline Partners) , and even KAB. As I understand it, KPP are shares in a limited partnership that receives and distributes the lion's share of the proceeds from the pipeline operation (a hefty current dividend yield), and KAB are shares in the pipeline management and services co. that you would invest in for growth and future capital appreciation.

John



To: Broken_Clock who wrote (21213)5/3/1998 2:25:00 PM
From: stevedhu  Read Replies (2) | Respond to of 95453
 
Papaya, I realize you are a long way from Louisiana, but you were the last post so I figured I would start with you, and with luck someone on this thread will be able to answer the question. Does anyone know what the average BPD production in Louisiana is? It seems that a long lost relative passed away and in time it was found out that my dad is one of the hairs, 1/30th to be exact. There is land involved and one parcel is 96 acres which is being leased by an E&P Co. (which one unknown at this time, but I will find out) for $500.00 per acre for the first 3 years and $200.00 and acre for the last 2 years, plus 25% of all oil, and or gas produced. All the royalties will be divided 30 ways of course, but 1/30 is better than nothing the way I look at it.
Thanks in advance and take care.
Steve