Marine Petroleum Trust, based in Dallas, Texas, manages payments from oil and gas leases in the Gulf of Mexico and distributes cash to unitholders quarterly. Its subsidiary, Marine Petroleum Corporation, oversees royalty interests offshore Louisiana.
MARPS has been in the news recently: The article does not provide specific information about Marine Petroleum Trust or its relevant entities. Instead, it discusses various unrelated topics, including K2 Group Holdings Limited, Daniel Penny's legal situation, and Linamar Corporation's partnership with Honda Marine.
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