Business News • MarketWire • WCSB 2010-II Income Fund Declares Special Distribution of Dividends |
WCSB 2010-II Income Fund Declares Special Distribution of Dividends |
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WCSB 2010-II Income Fund Declares Special Distribution of Dividends
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 22, 2012) - WCSB Oil & Gas Royalty Income 2010-II Management Corp., the General Partner of WCSB Oil & Gas Royalty Income 2010-II Limited Partnership ("WCSB 2010-II Fund" or the "Partnership") is pleased to announce that its Board of Directors has declared a special distribution of $9.35 per unit. This distribution is derived from the net proceeds realized from the sale of royalty interests on two producing oil wells (see news release dated November 19, 2012). After this divestiture, the WCSB 2010-II Fund will hold royalty interests on 16 wells, 14 of which were on production at the last reporting date being July 2012.
View More : http://www.marketwire.com/mw/release.do?id=1729528&sourceType=3
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