|
...Volume Alerts Thursday include Mesa Offshore Trust (OTCBB:MOSH),Electronic Sensor Technology (OTCBB:ESNR), Claimsnet.com (OTCBB: CLAI), eLEC Communications Corp.'s (OTCBB:ELEC), Kodiak Energy, Inc. (OTCBB: KDKN), and Idaho General Mines, Inc. (OTCBB:IGMI). StockGuru Price and Volume Alerts feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock. If you would like to feature your publicly traded company in our alerts or on StockGuru.com, email feature@stockguru.com or call (469)252-3031.
Mesa Offshore Trust (OTCBB:MOSH) Wednesday's shares closed down at -3.45% with a price of $0.140. The volume was at 13,700. Mesa Offshore Trust announced that there will be no Trust income distribution for the month of May 2006 for Unitholders of record on May 31, 2006. Royalty income will total approximately $63,000 and Trust expenditures will be approximately $90,000. Trust expenditures in excess of royalty income received will reduce the Trust's reserve for Trust expenses. As of April 28, 2006 the reserve for Trust expenses, excluding interest receivable, was approximately $1,377,000. The extent of future distributions from the properties in which the Trust has an interest will continue to be dependent on normal factors associated with oil and gas operations such as oil and gas production levels, prices and associated cost, accruals for future abandonment costs, timing and extent of capital expenditures.
Mesa Offshore Trust operates as a trust company in the United States. The principal assets of the Trust consists of a 99.99% interest in the Mesa Offshore Royalty Partnership, which holds a net overriding royalty interest in 10 producing and nonproducing oil and gas properties located in federal waters offshore Louisiana and Texas. The trust is entitled to its share of 90% of the net proceeds, realized from the sale of the hydrocarbons produced from the properties. Mesa Offshore Trust was created in 1982 and is based in Austin, Texas....
NOTE: All illustrations and photos
have been removed from this article.
More articles from M2 Presswire
The Pioneers of the STOCKUMENTARY, deliver the Movers and Shakers Blog..., June 01, 2006
Market Gainer Updates Shareholders Of Novell, Inc., June 01, 2006
Market Gainer Reports On M-Systems Flash Disk Pioneers Ltd., June 01, 2006
Market Gainer Updates Shareholders Of JDSU., June 01, 2006
Winternals Protection Manager Can Safeguard Windows Systems from Micro..., June 01, 2006
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
