Permianville Royalty Trust Announces Monthly Operational Update
The remaining administrative advances for the prior months will be repaid with any net profits in next months net profits interest calculation.
- The remaining administrative advances for the prior months will be repaid with any net profits in next months net profits interest calculation.
- Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico.
- In addition, future monthly capital expenditures may exceed the average levels experienced in 2020 and prior periods.
- Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release.