Oil Royalties On The Rise!! BP Prudhoe Bay Royalty Trust (NYSE: BPT)
BP Prudhoe Bay Royalty Trust is set up in the following manner. BP Exploration, Inc. conveyed an overriding royalty interest on barrels of oil to The Standard Oil Company. The Standard Oil Company, in turn, conveyed these interests to the BP Prudhoe Bay Royalty Trust.
http://bpt.q4web.com/home/default.aspx
#SHORTS