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Eca Marcellus Trust (ECT)

Eca Marcellus Trust (ECT)
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ECA Marcellus Trust I (the Trust) is a statutory trust. The Trust is formed by Energy Corporation of America (ECA) to own royalty interests in natural gas properties owned and operated by ECA in the Marcellus Shale formation in Greene County, Pennsylvania. The Trust's purpose is, in general, to hold the Royalty Interests to distribute to the Trust unitholders cash and to perform certain administrative functions in respect of the Royalty Interests and the Trust units. The Trust owns royalty interests in over 14 Producing horizontal natural gas wells (the Producing Wells), and royalty interests in over 52 horizontal natural gas development wells to be drilled to the Marcellus Shale formation (the PUD Wells) within the area of mutual interest (AMI), in which ECA holds approximately 9,300 acres, of which it owned all of the working interests, in Greene County, Pennsylvania. It owns Royalty Interests in over 40 development wells that are in production.
(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Sales 4,150 6,890 6,870 4,750 6,190
Sales Growth -39.77% +0.29% +44.63% -23.26% -67.73%
Net Income 2,900 5,750 5,730 3,480 5,000
Net Income Growth -49.57% +0.35% +64.66% -30.40% -72.35%
(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Total Assets 18,550 48,920 52,040 57,090 62,680
Total Assets Growth -62.08% -6.00% -8.85% -8.92% -11.47%
Total Liabilities 340 1,990 1,180 1,300 1,170
Total Liabilities Growth -82.91% +68.64% -9.23% +11.11% -63.09%
(Values in U.S. Thousands) Dec, 2019 Dec, 2018 Dec, 2017 Dec, 2016 Dec, 2015
Operating Cash Flow 0 0 0 0 0
Operating Cash Flow Growth unch unch unch unch unch
Net Cash Flow 0 0 0 0 0
Change in Net Cash Flow unch unch unch unch unch
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