Mesa Offshore Trust Announces No Trust Income for February 2010
February 25 2010 - 4:27PM
Business Wire
Mesa Offshore Trust (OTCBB: MOSH) announced that there will be
no Trust income distribution for the month of February 2010 for
Unitholders of record on February 28, 2010. As previously
announced, the Trust is in the process of liquidation and February
22, 2010 has been set as the record date for holders entitled to
final distributions.
The Trust will receive $35,028 in Royalty income from the
Working Interest Owner for the month of February 2010.
Pioneer is also moving forward with the final accounting
relating to the termination, liquidation and wind-up of the Mesa
Offshore Royalty Partnership (the “Partnership”) in accordance with
the settlement agreement and the Partnership’s First Amended and
Restated Articles of General Partnership. Pioneer expects to
complete that process by the end of the first quarter 2010.