Stanford, KY, April 16, 2019 –(PR.com)– Universal Guaranty Life Insurance Company, a wholly-owned subsidiary of UTG, Inc., announced today its enthusiastic support for the election of Eric Oliver as trustee of Texas Pacific Land Trust (TPL) at the special meeting of shareholders to be held on May 22, 2019. UG intends to vote all 39,000 of their shares for Eric Oliver using the White Proxy Card.
Eric Oliver introduced UG to TPL 10 years ago. Eric had followed UG for some time and was an active investor. Eric has continually demonstrated his belief in TPL by investing both personally and through companies he controls. With his background, knowledge and experience as a seasoned oil and gas investor, UG believes Eric Oliver is the right candidate to succeed Maurice Meyer III as a TPL trustee.