Tel Offshore Trust reported earnings results for the third quarter ended July 2009. For the quarter, the company's gas revenues recorded by the Working Interest Owners on the royalty properties increased approximately 264% to $31,709 from $8,701 in the second quarter of 2009. Crude oil revenues recorded by the Working Interest Owners on the royalty properties increased approximately 67% to $2,716,744 in the third quarter of 2009 from $1,626,487 in the second quarter of 2009. The increase in revenue was primarily due to the return of a portion of prior production levels at Ship Shoal 182/183 after damages caused by Hurricane Ike as well as an increase in oil prices. The trust's share of capital expenditures was increased by $462,551 to $473,515, as compared to $10,964 in the second quarter of 2009. The increase in capital expenditures was primarily due to an oil tank replacement, fire and gas panel upgrade and workovers on Ship Shoal 182/183.

Tel Offshore Trust reported earnings results for the second quarter ended April 2009. For the period, the company reported gas revenues recorded by the Working Interest Owners on the royalty properties decreased approximately 99% to $8,701 in the second quarter of 2009 from $827,661 in the first quarter of 2009. Crude oil revenues recorded by the Working Interest Owners on the royalty properties increased approximately 61% to $1,626,487 in the second quarter of 2009 from $1,009,282 in the first quarter of 2009. The increase in revenue was primarily due to the return of a portion of prior production levels at Ship Shoal 182/183 after damages caused by Hurricane Ike. The Trust's share of capital expenditures decreased by $265,461 in the second quarter of 2009 to $10,964, as compared to $276,425 in the first quarter of 2009.

Tel Offshore Trust reported earnings results for the first quarter 2009. For the period, the company reported gas revenues recorded by the Working Interest Owners on the royalty properties increased approximately 30% to $827,661 from $638,250 in the fourth quarter of 2008. Crude oil revenues recorded by the Working Interest Owners on the royalty properties decreased approximately 80% to $1,009,282 from $4,939,538 in the fourth quarter of 2008. The company also reported capital expenditures increased by $166,417 to $276,425, as compared to $110,008 in the fourth quarter of 2008. The increase in capital expenditures was primarily due to higher expenditures for Eugene Island 339 that were classified as capital expenditures. The company announced that there will be no trust distribution for the first quarter of 2009 for unit holders of record on March 31, 2009.