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Bp Prudhoe Bay Royalty Trust's Definitive Proxy Statement (Form DEF 14A) filed after their 2017 10-K Annual Report includes:
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During periods when BP Alaskas average daily net production from those reserves exceeds 90,000 barrels, the principal factors affecting the Trusts revenues and distributions to Unit holders are changes in WTI Prices, scheduled annual increases in Chargeable Costs, changes in the Consumer Price Index and changes in Production Taxes.
Descriptions of material risks known to the Trustee that could affect the future performance of the Trust appear in Item 1A, Risk Factors, of the Trusts Annual Report on Form
Since 2006, BP Alaska has undertaken a program of field wide infrastructure renewal, pipeline replacement and well mechanical improvements.
This report contains forward looking statements that is, statements anticipating future events or conditions and not statements of historical fact.
The WTI increase for the period was partially offset by the increase in Production Taxes and adjusted Chargeable Costs.
Generally, the Trust has no...Read more
These risks and uncertainties include...Read more
The actual results, performance and...Read more
Words such as anticipate, expect,...Read more
As noted above, although the...Read more
Material Contracts, Statements, Certifications & more
Bp Prudhoe Bay Royalty Trust provided additional information to their SEC Filing as exhibits
Ticker: BPT
CIK: 850033
Form Type: 10-Q Quarterly Report
Accession Number: 0001193125-17-338786
Submitted to the SEC: Thu Nov 09 2017 4:14:00 PM EST
Accepted by the SEC: Thu Nov 09 2017
Period: Saturday, September 30, 2017
Industry: Petroleum Refining