University Lands FY21 Annual Report

4

Table of Contents

Table of Contents

2

UL At-A-Glance

3

History

6

FY21 Highlights

7

FY21 Performance

8

CEO Message

10

Governance

12

Management

14

Mission & Goals

16

Financials

18

Oil & Gas Management

22

Surface Management

28

Environmental Stewardship

38

The PUF Explained

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