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From: crawm...@hotmail.com
Date: Fri, 08 Jun 2007 06:40:34 -0700
Local: Fri, Jun 8 2007 9:40 am
Subject: Re: Sunset date for BPT
ambrosealum wrote: million barrels of proven reserves attributed to it per the rules of > >From what I have read BPT has 13 billion barrells of proven reserve > and is extracting about 700,000 barrells a day. That should give us > about 40+ yrs. I'm no expert or invested in this stock I have just > been researching it for a while. >From the 2006 BPT annual report, as of end of 2006, BPT has 81.1 the Trust. At $31.46 average per barrel royalty, that's $2.55 billion in dividends (mostly, there's a small service charge every year by Bank of New York for running the trust). There are aproximately 21.4 million shares outstanding which means about $119 per share in dividends remain. You must Sign in before you can post messages.
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