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Oil & Gas Production
Enduro Royalty Trust operates as a statutory trust. It was formed by Enduro Resource Partners LLC, which is engaged in the production and development of oil and natural gas from properties located in Texas, Louisiana and New Mexico. It was formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain of Enduro Resource Partners' properties. The business and affairs of the company are managed by The Bank of New York Mellon Trust Co., NA. The company was founded on May 3, 2011 and is headquartered in Austin, TX.
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