8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 16, 2010

MARINE PETROLEUM TRUST

(Exact name of registrant as specified in its charter)

Texas	000-08565	75-6008017
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer Identification No.)

c/o The Corporate Trustee:
U.S. Trust, Bank of America Private Wealth Management P.O. Box 830650, Dallas, Texas	75283-0650
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (800) 985-0794

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

On February 16, 2010, Marine Petroleum Trust issued a press release announcing its quarterly cash distribution to unitholders. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

In accordance with General Instruction B.2. of Form 8-K, the information contained herein shall not be incorporated by reference into any of our filings, whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference to such filing. The information in this report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press Release dated February 16, 2010 issued by Marine Petroleum Trust

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	MARINE PETROLEUM TRUST
Date: February 16, 2010	By: U.S. Trust, Bank of America Private Wealth Management, in its capacity as trustee of Marine Petroleum Trust and not in its individual capacity or otherwise

By:	/s/ Ron E. Hooper
	Ron E. Hooper
	Senior Vice President

EXHIBIT INDEX

Exhibit No.	Exhibit
99.1	Press Release dated February 16, 2010 issued by Marine Petroleum Trust

EX-99.1

Exhibit 99.1

Marine Petroleum Trust

News Release

MARINE PETROLEUM TRUST
ANNOUNCES FIRST QUARTER CASH DISTRIBUTION

     DALLAS, Texas, February 16, 2010 – Marine Petroleum Trust (NASDAQ: MARPS) (“Marine”) today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.323140 per unit, payable on March 29, 2010, to unitholders of record on February 26, 2010. Marine’s cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.marps-marinepetroleumtrust.com/.

     This distribution of $0.323140 per unit is slightly higher than the $0.322823 per unit distributed last quarter and is 7% higher than the $0.301562 per unit distributed in the comparable quarter in 2009.

     The volume of oil and natural gas produced and included in the current distribution have shown a marked increase over the volumes produced and included in the distribution in the comparable quarter in 2009. However, even though volumes have increased, they have not reached the levels realized before Hurricanes Gustav and Ike 2008. In addition, the benefit realized in the current distribution by the increased production was offset by the decrease in prices realized for oil and natural gas.

     Over 70% of the royalties included in this distribution are from the net profits interest in the royalty properties located offshore Louisiana held by Marine Petroleum Corporation.

     This distribution to be paid on March 29, 2010 will generally be based on royalties collected during the months of October, November and December of 2009, and January of 2010.

     Approximately 29% of the distribution this quarter is from the 32.6% interest that Marine holds in Tidelands Royalty Trust “B”. Revenues from Tidelands Royalty Trust “B” are down primarily due to lower prices realized for both oil and natural gas.

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Contact:	Ron E. Hooper
	Senior Vice President
	U.S. Trust, Bank of America Private Wealth Management, Trustee
	Toll Free – 1.800.985.0794