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Re: Aitkenresearch post# 133

Saturday, 01/14/2017 9:54:06 PM

Saturday, January 14, 2017 9:54:06 PM

Post# of 1492
Key word is "also"

TPL owned 185,529.85 acres in Reeves County at 12/31/15.

Represented about 21 percent of its remaining land holdings at that time.

The company also had non-participating perpetual interests at 1/128 on 3,013.34 acres and 1/16 on another 116,690.98 acres in Reeves County.

It sold 320 acres in the county during 2015 for $160,000 or $500 per acre.


Even if TPL would sell those 185,529.85 acres, the trust would retain royalty interests.

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