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 provided information does not relate to Marine Petroleum Trust or its relevant entities. It primarily covers topics involving political candidacy, military honors, a television makeover show, an in-flight incident, and a basketball game.
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