Gulf Coast Ultra Deep Royalty Trust
For the period ended Mar 31, 2025. Filed May 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 14, 2025
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Statements of Assets, Liabilities and Trust Corpus
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| (unaudited) | (audited) | |
| ASSETS | ||
| Operating cash | $15,843 | $15,571 |
| Reserve fund cash and short-term investments | 1,031,229 | 1,020,456 |
| Total assets | $1,047,072 | $1,036,027 |
| LIABILITIES AND TRUST CORPUS | ||
| Reserve fund liability | $1,182,860 | $1,172,088 |
| Note Payable to HOGA | 200,000 | 200,000 |
| Trust corpus (230,172,696 royalty trust units authorized, issued and | ||
| outstanding as of March 31, 2025 and December 31, 2024) | (335,788) | (336,061) |
| Total liabilities and trust corpus | $1,047,072 | $1,036,027 |
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