CKX Lands, Inc. Board of Directors appointed Lee W. Boyer to serve as President and Treasurer effective August 1, 2018. Mr. Boyer will succeed Brian R. Jones as President and Treasurer following Mr. Jones' resignation effective July 31, 2018. Mr. Boyer, who is 61, has been a partner in the law firm Stockwell, Sievert, Viccellio, Clements & Shaddock, L.L.P. in Lake Charles, Louisiana since 1995 and has practiced law for over 30 years. On July 27, 2018, the companys Board of Directors appointed Mary Leach Werner to assume the role of Secretary effective August 1, 2018. Messrs. Boyer and Jones and Ms. Werner will continue to serve as members of the company's Board of Directors.
CKX Lands, Inc. is engaged in the business of ownership and management of land. Its activities consist of leasing its properties for minerals (oil and gas), raising and harvesting timber and surface use (agriculture, right of ways, hunting). Its segments include oil and gas, surface and timber. It leases its property to oil and gas operators and collects income through its land ownership in the form of oil and gas royalties and lease rentals and geophysical revenues. It receives income from royalty interests and mineral leases related to oil and gas production, timber sales, land sales and surface rents. Oil and Gas segment provides the customer access to a designated tract of land upon which the customer performs exploration, extraction, production and ultimate sale of the oil and gas. It receives royalties on all oil and gas produced by the customer. Timber income is derived from sales of timber on its lands. Surface income is earned from various recurring and non-recurring sources.
CKX LANDS, INC. 