Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Trust Venture CO LLC
  2. Issuer Name and Ticker or Trading Symbol
TORCH ENERGY ROYALTY TRUST [TRU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
TWO GREENWICH PLAZA, FIRST FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
10/09/2007
(Street)

GREENWICH, CT 06830
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Units of Beneficial Interest 10/09/2007   P   6,500 A $ 10.97 3,829,039 D (1)  
Units of Beneficial Interest 10/10/2007   P   5,941 A $ 11.03 3,834,980 D (1)  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Trust Venture CO LLC
TWO GREENWICH PLAZA
FIRST FLOOR
GREENWICH, CT 06830
    X    
Trust Acquisition Company, LLC
TWO GREENWICH PLAZA
FIRST FLOOR
GREENWICH, CT 06830
    X    
Silver Point Capital L.P.
TWO GREENWICH PLAZA
FIRST FLOOR
GREENWICH, CT 06830
    X    
MULE EDWARD A
TWO GREENWICH PLAZA
FIRST FLOOR
GREENWICH, CT 06830
    X    
O'Shea Robert J
TWO GREENWICH PLAZA
FIRST FLOOR
GREENWICH, CT 06830
    X    

Signatures

 Trust Venture Company, LLC, By: Trust Acquisition Company, LLC, sole manager, By: Silver Point Capital, L.P., its manager, By: Silver Point Capital Management, LLC, its General Partner, By: /s/ Frederick H. Fogel, Title: Authorized Signatory   10/11/2007
**Signature of Reporting Person Date

 Trust Acquisition Company, LLC, By: Silver Point Capital, L.P., its manager, By: Silver Point Capital Management, LLC, its General Partner, By: /s/ Frederick H. Fogel, Title: Authorized Signatory   10/11/2007
**Signature of Reporting Person Date

 Silver Point Capital, L.P., By: Silver Point Capital Management, LLC, its General Partner, By: /s/ Frederick H. Fogel, Title: Authorized Signatory   10/11/2007
**Signature of Reporting Person Date

 /s/ Frederick H. Fogel (by power of attorney on behalf of Edward A. Mule, individually)   10/11/2007
**Signature of Reporting Person Date

 /s/ Frederick H. Fogel (by power of attorney on behalf of Robert J. O'Shea, individually)   10/11/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These securities are owned directly by Trust Venture Company, LLC ("Trust Venture"). Trust Acquisition Company, LLC ("Trust Acquisition") is a member and the sole manager of Trust Venture and by virtue of such status may be deemed to be an indirect beneficial owner of the reported securities. Silver Point Capital, L.P. ("Silver Point") is the sole manager of Trust Acquisition and by virtue of such status may be deemed to be an indirect beneficial owner of the reported securities. Messrs. Edward A. Mule and Robert J. O'Shea are each members of Silver Point Capital Management, LLC, the general partner of Silver Point, and by virtue of such status may be deemed to be indirect beneficial owners of the reported securities.

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