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By The Online Investor Staff, updated Fri., May. 24, 8:11 AM
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The Top 25 DividendRank'ed Stocks| This Slide: #1 of 25 |
#25. ECA Marcellus Trust I (NYSE:ECT) — 16.5% YIELD
ECA Marcellus Trust I is a statutory trust. At Dec 31 2011, Co. owned royalty interests in 14 producing horizontal natural gas wells producing from the Marcellus Shale formation, all of which were online and were located in Greene County, PA and royalty interests in 31 development wells that were online and producing, and nine development wells that were drilled but awaiting completion procedures in the Marcellus Shale formation. As of Dec 31 2011, the total gas reserves attributable to Co.'s interests were 81.72 billion cubic feet (Bcf). This amount included 67.25 Bcf of proved developed reserves and 14.47 Bcf of proved undeveloped reserves.
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