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Marine Petroleum Trust (Marine Petroleum Trust) Accounts Payable & Accrued Expense for Financial Companies


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What is Marine Petroleum Trust Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Marine Petroleum Trust (Marine Petroleum Trust) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine Petroleum Trust (NAS:MARPS) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Address
c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.