This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Eastern American Natural Gas Trust Announces Results Of ECA Exchange Offer

EASTERN AMERICAN NATURAL GAS TRUST (NYSE: NGT) announced today that Energy Corporation of America (the “Company”) has informed the Trust on Tuesday, March 19, 2013 of the final results of its offer to exchange (the “Offer”) up to approximately 4.1 million common units (“ECT Common Units”) of ECA Marcellus Trust I that the Company owns for up to approximately 3.2 million NGT Depositary Units.

The Company further informed the Trust that a total of 946,750 NGT Depositary Units were tendered and accepted by the Company.

Eastern American Natural Gas Trust is a grantor trust, which holds net profit interests in approximately 329 producing gas wells located in West Virginia and Pennsylvania. The Trust will terminate and be liquidated in 2013.



Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs