Business Description Sabine Royalty Trust. The Group's principal activity is to distribute funds received as royalties and mineral interests. It was formed by an agreement between Sabine Corporation (as trustor) and InterFirst Bank Dallas, N.A (as trustee). The royalty and mineral interests include landowner's royalties, overriding royalty interests, minerals, production payments and any other similar interest. These are generated from certain producing and proved undeveloped oil and gas properties in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.
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