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 information provided does not directly relate to Marine Petroleum Trust or its relevant entities. It primarily discusses advancements in electric marine propulsion and sustainable transport technologies from various companies, such as Octillion Power Systems and Ballard Power Systems.
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