{"id":400135,"date":"2020-12-15T10:20:08","date_gmt":"2020-12-15T15:20:08","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=400135"},"modified":"2020-12-15T10:20:08","modified_gmt":"2020-12-15T15:20:08","slug":"biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/","title":{"rendered":"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020"},"content":{"rendered":"

<\/p>\n

\nBiloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020\n<\/p>\n

METAIRIE, La.–(BUSINESS WIRE<\/a>)–
\nBiloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the third quarter of 2020 and first nine months of 2020. The Company\u2019s revenue for the three months ended September 30, 2020 from oil and gas production for its fee lands was $1,557 compared to revenue of $7,165 for the third quarter of 2019. Dividend and interest income for the third quarter of 2020 was $11,233 compared to $22,596 for 2019. The Company realized a cumulative gain from the sale of investment securities of $31,519 compared to a cumulative gain of $64,736 for the same period of 2019. The flow-through losses from the Company\u2019s membership interests in limited liability companies was $73,188 for the third quarter of 2020 compared to $488,652 for 2019. During the third quarter of 2020, the Company recognized a settlement gain in the amount of $1,607,716. Expenses for the third quarter were $102,321 compared to $178,577 for the same period of 2019. The Company had net income of $1,546,908 or $0.62 per share for the third quarter of 2020 compared to a net loss of $483,946 or $0.19 per share in 2019. For the first nine months of 2020, there was net income of $521,134 or $0.21 per share compared to a net loss of $1,836,698 or $0.73 per share for the same period of 2019.\n<\/p>\n

\nDue to office closures caused by COVID-19 and various tropical weather events, the timeliness of the Company\u2019s office administration has been hindered slightly, but its field operations continue with impact only from the tropical weather events.\n<\/p>\n

\nThe Company\u2019s claim (Biloxi Marsh Lands Corp., et al. v. United States; Case No. 12-382L) in the U.S. Court of Federal Claims against the U.S. Army Corps of Engineers seeking monetary damages for property damage and losses caused by the Mississippi River Gulf Outlet is in the process of moving forward. The U.S. Department of Justice filed a motion for summary judgment on the issue of statute of limitations concerning the portion for the Company\u2019s claim related to a taking of real property. The parties continue to await the Court\u2019s decision. The Company cannot predict the timing of resolution or the outcome of this litigation process, but it is anticipated that this litigation process will take time.\n<\/p>\n

\nDuring the third quarter, the Company received a settlement payment for its wetlands real property claim under the Halliburton Energy Service, Inc. \/ Transocean Settlements arising out of the Deepwater Horizon incident in the Gulf of Mexico beginning on April 20, 2010. These settlements are separate from the BP Deepwater Horizon Economic and Property Damages Settlement Program. The Company has been advised by our legal counsel that no additional recovery under the settlements is expected related to the BP Deepwater Horizon oil spill.\n<\/p>\n

\nB&L Exploration, LLC (\u201cBLX\u201d), of which the Company owns a 75% membership interest, is contractually entitled to a 1.5% of 8\/8ths overriding royalty interest (ORRI) in the mineral leases comprising the 9,000 acre – EOC-TUSC BL UDS SUA production unit from which the Highlander well is producing. This production unit is located in St. Martin Parish, Louisiana. A series of public hearings have taken place with respect to the production unit. The public meeting to consider the application by one of mineral owners requesting that the size of the unit be reduced was held and an order by the Louisiana\u2019s Department of Natural Resources (\u201cLDNR\u201d), Office of Conservation has yet to be posted on LDNR\u2019s website. Information reported by the Highlander well\u2019s operator to LDNR is available on LDNR\u2019s Strategic Online Natural Resources Information System (SONRIS \u2013 www.sonris.com<\/a>).\n<\/p>\n

\nBLX continues its operations in South Texas. As previously reported, B&L Resources, LLC (\u201cBLR\u201d), of which the Company owns a 50% membership interest, continues its development efforts in South Texas and is focused on its recent acquisition of Heyser Field from Frostwood Energy, LLC.\n<\/p>\n

\nBiloxi Marsh Lands Corporation is a Delaware corporation whose principal assets are surface and mineral rights to approximately 90,000 acres of marsh land in St. Bernard Parish, Louisiana, which from time to time generates revenues from mineral activities including lease bonuses, delay rentals, royalties on oil and natural gas production, and fee land income unrelated to oil and gas activities. Through investment in limited liability companies the Company also has separate interests in various oil and gas properties in Louisiana and Texas outside of its fee lands.\n<\/p>\n

\nWe encourage you to visit our website to obtain general information about the Company, its efforts in the coastal restoration arena, as well as historical annual reports and press releases. We strongly recommend that all interested parties become familiar with the information available on the Company\u2019s website: www.biloximarshlandscorp.com<\/a>.\n<\/p>\n

\nThis news release contains forward-looking statements regarding all of the Company\u2019s business activities including without limitation oil and gas discoveries, oil and gas exploration, and development and production activities and reserves. Accuracy of the forward-looking statements depends on assumptions about events that change over time and is thus susceptible to periodic change based on actual experience and new developments. The Company cautions readers that it assumes no obligation to update or publicly release any revisions to the forward-looking statements in this report. Important factors that might cause future results to differ from these forward-looking statements include: variations in the market prices of oil and natural gas; drilling results; unanticipated fluctuations in flow rates of producing wells; oil and natural gas reserves expectations; the ability to satisfy future cash obligations and environmental costs; and general exploration and development risks and hazards. Readers are cautioned not to place undue reliance on forward-looking statements made by or on behalf of the Company. Each such statement speaks only as of the day it was made. The factors described above cannot be controlled by the Company. When used in this report, the words \u201cbelieves\u201d, \u201cestimates\u201d, \u201cplans\u201d, \u201cexpects\u201d, \u201ccould\u201d, \u201cshould\u201d, \u201coutlook\u201d, and \u201canticipates\u201d and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements.\n<\/p>\n

\nThe following \u201cStatements of Assets, Liabilities and Stockholders\u2019 Equity\u201d and \u201cStatements of Revenues and Expenses\u201dhave been derived from interim unaudited financial statements which do not include the information and footnotes that are an integral part of a complete financial statement.\n<\/p>\n

\nInquiries should be made through the Contact Mailbox on the Company\u2019s website: http:\/\/www.biloximarshlandscorp.com\/contact\/<\/a>.\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
BILOXI MARSH LANDS CORPORATION<\/b><\/td>\n<\/tr>\n
Statements of Assets, Liabilities, and Stockholders’ Equity<\/td>\n<\/tr>\n
September 30, 2020 and 2019<\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Assets<\/b><\/td>\n\n\n

2020<\/b><\/p>\n<\/td>\n

\n\n

2019<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Current assets:<\/td>\n\n\n\n\n\n<\/tr>\n
\nCash and cash equivalents<\/td>\n$<\/td>\n\n

\n2,280,913\n<\/p>\n<\/td>\n

\n\n

\n916,830\n<\/p>\n<\/td>\n<\/tr>\n

\nAccounts receivable<\/td>\n\n\n

\n33,071\n<\/p>\n<\/td>\n

\n\n

\n7,501\n<\/p>\n<\/td>\n<\/tr>\n

\nPrepaid expenses<\/td>\n\n\n

\n49,402\n<\/p>\n<\/td>\n

\n\n

\n68,840\n<\/p>\n<\/td>\n<\/tr>\n

\nDeferred tax asset<\/td>\n\n\n

\n\u2014\n<\/p>\n<\/td>\n

\n\n

\n21,159\n<\/p>\n<\/td>\n<\/tr>\n

\nIncome taxes receivable<\/td>\n\n\n

\n4,882\n<\/p>\n<\/td>\n

\n\n

\n28,817\n<\/p>\n<\/td>\n<\/tr>\n

\nOther assets<\/td>\n\n\n\n\n

\n3,830\n<\/p>\n<\/td>\n

\n\n

\n3,830\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\nTotal current assets<\/td>\n\n\n

\n2,372,098\n<\/p>\n<\/td>\n

\n\n

\n1,046,977\n<\/p>\n<\/td>\n<\/tr>\n

Other assets:<\/td>\n\n\n\n\n\n\n<\/tr>\n
\nMembership interest in limited liability companies<\/td>\n\n\n

\n312,241\n<\/p>\n<\/td>\n

\n\n

\n311,962\n<\/p>\n<\/td>\n<\/tr>\n

\nMarketable debt and equity securities – at cost<\/td>\n\n\n

\n3,799,001\n<\/p>\n<\/td>\n

\n\n

\n5,386,720\n<\/p>\n<\/td>\n<\/tr>\n

\nLand<\/td>\n\n\n\n\n\n\n

\n234,939\n<\/p>\n<\/td>\n

\n\n

\n234,939\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\nTotal other assets<\/td>\n\n\n

\n4,346,181\n<\/p>\n<\/td>\n

\n\n

\n5,933,621\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n\n\nTotal assets<\/td>\n$<\/td>\n\n

\n6,718,279\n<\/p>\n<\/td>\n

\n\n

\n6,980,598\n<\/p>\n<\/td>\n<\/tr>\n

Liabilities and Stockholders’ Equity<\/b><\/td>\n\n\n\n<\/tr>\n
Current liabilities:<\/td>\n\n\n\n\n<\/tr>\n
\nAccrued expenses<\/td>\n$<\/td>\n\n

\n34,115\n<\/p>\n<\/td>\n

\n\n

\n57,169\n<\/p>\n<\/td>\n<\/tr>\n

\nMembership interest in limited liability companies<\/td>\n\n\n

\n684,294\n<\/p>\n<\/td>\n

\n\n

\n\u2014\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\nTotal current liabilities<\/td>\n\n\n

\n718,409\n<\/p>\n<\/td>\n

\n\n

\n57,169\n<\/p>\n<\/td>\n<\/tr>\n

Stockholders’ equity:<\/td>\n\n\n\n\n<\/tr>\n
\nCommon stock, $.001 par value. Authorized, 20,000,000 shares;<\/td>\n\n\n\n<\/tr>\n
\n\nissued, 2,851,196 shares; outstanding, 2,505,028 shares<\/td>\n\n\n

\n47,520\n<\/p>\n<\/td>\n

\n\n

\n47,520\n<\/p>\n<\/td>\n<\/tr>\n

\nRetained earnings<\/td>\n\n\n

\n9,029,375\n<\/p>\n<\/td>\n

\n\n

\n9,952,934\n<\/p>\n<\/td>\n<\/tr>\n

\nTreasury stock – 346,168 shares, at cost<\/td>\n\n\n

\n(3,077,025)\n<\/p>\n<\/td>\n

\n\n

\n(3,077,025)\n<\/p>\n<\/td>\n<\/tr>\n

\n\n\n\nTotal liabilities and stockholders’ equity<\/td>\n$<\/td>\n\n

\n6,718,279\n<\/p>\n<\/td>\n

\n\n

\n6,980,598\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
BILOXI MARSH LANDS CORPORATION<\/b><\/td>\n<\/tr>\n
Statements of Revenues and Expenses<\/td>\n<\/tr>\n
September 30, 2020 and 2019<\/td>\n<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
\n\n

3 Months Ended<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

9 Months Ended<\/b><\/p>\n<\/td>\n

<\/tr>\n
\n\n

September 30<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

September 30<\/b><\/p>\n<\/td>\n<\/tr>\n

\n\n

2020<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2019<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2020<\/b><\/p>\n<\/td>\n

\n

\n\u00a0\n<\/p>\n<\/td>\n

\n

2019<\/b><\/p>\n<\/td>\n

<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Revenues:<\/td>\n\n\n\n\n\n\n\n<\/tr>\n
Oil and gas royalties<\/td>\n\n

\n$ 1,557\n<\/p>\n<\/td>\n

\n\n

\n7,165\n<\/p>\n<\/td>\n

\n\n

\n$ 6,512\n<\/p>\n<\/td>\n

\n\n

\n$ 11,619\n<\/p>\n<\/td>\n

<\/tr>\n
Total oil and gas revenues<\/td>\n\n

\n1,557\n<\/p>\n<\/td>\n

\n\n

\n7,165\n<\/p>\n<\/td>\n

\n\n

\n6,512\n<\/p>\n<\/td>\n

\n\n

\n11,619\n<\/p>\n<\/td>\n

<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Other income (loss):<\/td>\n\n\n\n\n\n\n\n<\/tr>\n
Dividends and interest income<\/td>\n\n

\n11,233\n<\/p>\n<\/td>\n

\n\n

\n22,596\n<\/p>\n<\/td>\n

\n\n

\n43,041\n<\/p>\n<\/td>\n

\n\n

\n81,451\n<\/p>\n<\/td>\n

<\/tr>\n
Gain (loss) on sale of securities<\/td>\n\n

\n31,519\n<\/p>\n<\/td>\n

\n\n

\n64,736\n<\/p>\n<\/td>\n

\n\n

\n(81,196)\n<\/p>\n<\/td>\n

\n\n

\n(172,766)\n<\/p>\n<\/td>\n

<\/tr>\n
Gain on settlement<\/td>\n\n

\n1,607,716\n<\/p>\n<\/td>\n

\n\n

\n–\n<\/p>\n<\/td>\n

\n\n

\n1,761,510\n<\/p>\n<\/td>\n

\n\n

\n–\n<\/p>\n<\/td>\n

<\/tr>\n
Fee land income<\/td>\n\n

\n70,392\n<\/p>\n<\/td>\n

\n\n

\n88,786\n<\/p>\n<\/td>\n

\n\n

\n70,392\n<\/p>\n<\/td>\n

\n\n

\n142,422\n<\/p>\n<\/td>\n

<\/tr>\n
Loss from membership interest in limited liability companies<\/td>\n\n

\n(73,188)\n<\/p>\n<\/td>\n

\n\n

\n(488,652)\n<\/p>\n<\/td>\n

\n\n

\n(884,709)\n<\/p>\n<\/td>\n

\n\n

\n(1,336,693)\n<\/p>\n<\/td>\n

<\/tr>\n
Total other income<\/td>\n\n

\n1,647,672\n<\/p>\n<\/td>\n

\n\n

\n(312,534)\n<\/p>\n<\/td>\n

\n\n

\n909,038\n<\/p>\n<\/td>\n

\n\n

\n(1,285,586)\n<\/p>\n<\/td>\n

<\/tr>\n
Total revenues and other income<\/td>\n\n

\n1,649,229\n<\/p>\n<\/td>\n

\n\n

\n(305,369)\n<\/p>\n<\/td>\n

\n\n

\n915,550\n<\/p>\n<\/td>\n

\n\n

\n(1,273,967)\n<\/p>\n<\/td>\n

<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Expenses:<\/td>\n\n\n\n\n\n\n\n<\/tr>\n
Total expenses<\/td>\n\n

\n102,321\n<\/p>\n<\/td>\n

\n\n

\n178,577\n<\/p>\n<\/td>\n

\n\n

\n394,416\n<\/p>\n<\/td>\n

\n\n

\n562,731\n<\/p>\n<\/td>\n

<\/tr>\n
Net income before income taxes<\/td>\n\n

\n1,546,908\n<\/p>\n<\/td>\n

\n\n

\n(483,946)\n<\/p>\n<\/td>\n

\n\n

\n521,134\n<\/p>\n<\/td>\n

\n\n

\n(1,836,698)\n<\/p>\n<\/td>\n

<\/tr>\n
Income tax expense (benefit)<\/td>\n\n

\n–\n<\/p>\n<\/td>\n

\n\n

\n–\n<\/p>\n<\/td>\n

\n\n

\n–\n<\/p>\n<\/td>\n

\n\n

\n–\n<\/p>\n<\/td>\n

<\/tr>\n
Net income<\/td>\n\n

\n$ 1,546,908\n<\/p>\n<\/td>\n

\n\n

\n(483,946)\n<\/p>\n<\/td>\n

\n\n

\n$ 521,134\n<\/p>\n<\/td>\n

\n\n

\n(1,836,698)\n<\/p>\n<\/td>\n

<\/tr>\n
\n\n\n\n\n\n\n\n\u00a0<\/td>\n<\/tr>\n
Net income per share<\/td>\n\n

\n$ 0.62\n<\/p>\n<\/td>\n

\n\n

\n$ (0.19)\n<\/p>\n<\/td>\n

\n\n

\n$ 0.21\n<\/p>\n<\/td>\n

\n\n

\n$ (0.73)\n<\/p>\n<\/td>\n

<\/tr>\n<\/table>\n

\n\u00a0\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201215005798\/en\/<\/a><\/span><\/p>\n

\nBiloxi Marsh Lands Corporation
\n
Belle Bellard: 504-837-4337\n<\/p>\n

KEYWORDS:<\/b> Louisiana United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Energy Other Energy Oil\/Gas<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020 METAIRIE, La.–(BUSINESS WIRE)– Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the third quarter of 2020 and first nine months of 2020. The Company\u2019s revenue for the three months ended September 30, 2020 from oil and gas production for its fee lands was $1,557 compared to revenue of $7,165 for the third quarter of 2019. Dividend and interest income for the third quarter of 2020 was $11,233 compared to $22,596 for 2019. The Company realized a cumulative gain from the sale of investment securities of $31,519 compared to a cumulative gain of $64,736 for the same period of … <\/p>\n

Continue reading “Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-400135","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBiloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020 METAIRIE, La.–(BUSINESS WIRE)– Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the third quarter of 2020 and first nine months of 2020. The Company\u2019s revenue for the three months ended September 30, 2020 from oil and gas production for its fee lands was $1,557 compared to revenue of $7,165 for the third quarter of 2019. Dividend and interest income for the third quarter of 2020 was $11,233 compared to $22,596 for 2019. The Company realized a cumulative gain from the sale of investment securities of $31,519 compared to a cumulative gain of $64,736 for the same period of … Continue reading "Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-15T15:20:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020\",\"datePublished\":\"2020-12-15T15:20:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/\"},\"wordCount\":1288,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/\",\"name\":\"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020 - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2020-12-15T15:20:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020 - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/","og_locale":"en_US","og_type":"article","og_title":"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020 - Market Newsdesk","og_description":"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020 METAIRIE, La.–(BUSINESS WIRE)– Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the third quarter of 2020 and first nine months of 2020. The Company\u2019s revenue for the three months ended September 30, 2020 from oil and gas production for its fee lands was $1,557 compared to revenue of $7,165 for the third quarter of 2019. Dividend and interest income for the third quarter of 2020 was $11,233 compared to $22,596 for 2019. The Company realized a cumulative gain from the sale of investment securities of $31,519 compared to a cumulative gain of $64,736 for the same period of … Continue reading \"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-15T15:20:08+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020","datePublished":"2020-12-15T15:20:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/"},"wordCount":1288,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/","name":"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020 - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en","datePublished":"2020-12-15T15:20:08+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201215005798r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/biloxi-marsh-lands-corporation-announces-unaudited-results-for-the-third-quarter-and-first-nine-months-of-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2020"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/400135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=400135"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/400135\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=400135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=400135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=400135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}