| Business Summary | | Williams
Coal
Seam
Gas
Royalty
Trust
has
been
formed
to
acquire
and
hold
certain
net
profits
interests
(Royalty
Interests)
in
proved
natural
gas
properties
located
in
the
San
Juan
Basin
of
New
Mexico
and
Colorado
(Underlying
Properties).
The
only
assets
of
the
Trust,
other
than
cash
and
temporary
investments
being
held
for
the
payment
of
expenses
and
liabilities
and
for
distribution
to
Unitholders,
are
the
Royalty
Interests.
The
Royalty
Interests
consist
primarily
of
a
net
profits
interest
(NPI)
in
the
Underlying
Properties.
Substantially
all
of
the
production
from
the
Underlying
Properties
is
from
the
Fruitland
coal
formation
in
the
San
Juan
Basin. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Williams
Coal
Seam
Gas,
a
business
trust,
acquires
and
holds
certain
royalty
interests
in
proved
natural
gas
properties
located
in
the
San
Juan
Basin
of
NM
and
CO.
For
the
six
months
ended
6/30/01,
revenues
totalled
$14.7
million
up
from
$7.1
million.
Distributable
income
totalled
$14.3
million
up
from
$6.8
million.
Revenues
reflect
higher
royalty
income
due
to
higher
natural
gas
prices.
Distributable
income
also
reflects
higher
interest
income
due
to
higher
investment
balances. | More
from
Market Guide: Significant
Developments |
| | | The
Trust
has
no
executive
officers. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|