Based in New York and operates in Germany. Royal Dutch Shell and ExxonMobil do the drilling and they earn a royalty. They have 9 years in reserves and Vermilion has an option to drill three wells. Yield 14.87%
An oil play that is a royalty trust. Based in the US, from operations with Exxon and Royal Dutch Shell in Germany. They look for oil and gas and get a spin off from the revenues. He thinks it could go up a long way from here. One negative is if their reserve life drops sharply. Yield 11.9%
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