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Mike on this one the output of the

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catdaddyrt Member Level  Thursday, 03/24/16 11:00:56 AM
Re: MikeBK205 post# 80
Post # of 97 
Mike on this one the output of the existing wells is slowly diminishing over time. And the dividend revenue comes from the sale of oil which is down but this has been paying well in today's oil market. At one time they were going to keep adding a few wells to the trust along the way but the parent company SDOC is almost bankrupt so no new wells are coming..31 is a great yield I may need to take another ride here.

Date Div*
02/10/16 0.311
11/10/15 0.305
08/12/15 0.301
05/13/15 0.331
02/11/15 0.305
11/12/14 0.247
08/12/14 0.358
05/13/14 0.426
02/12/14 0.500
11/12/13 0.603
08/12/13 0.611
05/13/13 0.590
02/12/13 0.651
11/09/12 0.683
08/10/12 0.728
05/11/12 0.787
02/10/12 0.791
11/10/11 0.816
08/11/11

SandRidge Mississippian Trust I is a statutory trust. Co. holds Royalty Interests in oil and gas properties in the Mississippian formation in Alfalfa, Garfield, Grant and Woods counties in Oklahoma. The Royalty Interests entitle Co. to receive 90% of the proceeds from the sale of oil, natural gas liquids (NGL) and natural gas production attributable to SandRidge Energy, Inc.'s (Sandridge) interest in 36 wells producing at Dec. 31, 2010, and one additional well undergoing completion operations at that time, and 50% of the proceeds from the sale of oil, NGL and natural gas production attributable to SandRidge's interest in 123 development wells drilled within an area of mutual interest.



Snow on a Texas night at my house rare but beautiful-God Bless America
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