Shareholder Survey
From time to time we have surveyed our shareholders with respect to the distribution of dividends. The Byron Union Oil Field is depleting each year. Engineers have told us that the field should be commercially viable for 10 more years with depleting royalties each year if the price stays constant. The company has two options: 1. Distribute the majority of the royalty dividends each year to the shareholders for the remaining viable life of the company, or 2. Try to extend the viable life of the company by investing 50% or more of the annual royalties in real estate or other energy related investments. Please take a few minutes to complete the following 5 question survey.