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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1565146	Gulf Coast Ultra Deep Royalty Trust	GULTU	Crude Petroleum & Natural Gas (1311)	466448579

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1479058	Mount Kellett Capital Management Lp	280 Park Avenue 4Th Floor East New York NY 10017		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Royalty Trust Units	Disposition	2015-07-10	250,000	$0.60	35,369,004	No	4	S	Indirect	See Footnotes
Royalty Trust Units	Disposition	2015-07-14	100,000	$0.60	35,269,004	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Footnotes

As of July 14, 2015 (the "Filing Date"), certain funds and managed accounts (the "Funds") affiliated with Mount Kellett Capital Management LP, a Delaware limited partnership (the "Reporting Person"), hold 35,269,004 royalty trust units (the "Royalty Trust Units") of Gulf Coast Ultra Deep Royalty Trust, a Delaware statutory trust. The Reporting Person, through one or more intermediate entities, possesses the sole power to vote and the sole power to direct the disposition of the Royalty Trust Units held by the Funds. Accordingly, the Reporting Person, as of the Filing Date, may be deemed to beneficially own 35,269,004 Royalty Trust Units, or 15.3% of the Royalty Trust Units, deemed issued and outstanding.
The Reporting Person's interest in the Royalty Trust Units reported herein is limited to its pecuniary interest, if any, in such Royalty Trust Units.