Dominion Resources Black Warrior Trust (the Trust) is a grantor trust. The Trust was formed to acquire and hold certain overriding royalty interests (the Royalty Interests) burdening proved natural gas properties located in the Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama (the Underlying Properties) owned by Walter Black Warrior Basin LLC. The Royalty Interests consist of overriding royalty interests burdening the Company�s interest in the Underlying Properties. The Royalty Interests generally entitle the Trust to receive 65% of the Company�s Gross Proceeds derived from the Company Interests (the Company's interest in natural gas properties in which the Company has an interest located in Alabama.