If its analogous to a loan, then something like 6.5% is return of principal ( 15.5 years life remaining, and straight line amortization ). Of course if you hold this to trust end, you get bumpkus when assets simply revert to the GP. But my guess is that will seem like an eternity to traders. There is no way that once the hedges fall off, that this does not climb to $50-54. If Oil prices jump 10% ( which they might ) add $5-6 to that.
Thanks for the response, I appreciate your sharing your knowledge and saving me poring through documents trying to figure it out.