Bishop Capital Corporation is engaged in the development and sale of real estate, and has a royalty interest in a natural gas property. The Company's principal properties consist of approximately 18 acres of developed and undeveloped real estate in Colorado, and five subdivision lots and a natural gas royalty interest in Wyoming. Bishop Capital is engaged in developing a 16-acre parcel called The Crossing at Palmer Park and 11 acres called Creekside Center at Galley. The royalty interest held by the Company is in the Madden Unit, which produces natural gas from producing horizons between 5,500 and 24,000 feet. The Company receives royalty from five of the producing wells.