VOC Energy Trust Announces Trust Quarterly Distribution

HOUSTON--(BUSINESS WIRE)--April 17, 2025-- 

VOC Energy Trust $(VOC)$ announced the Trust distribution of net profits for the quarterly payment period ended March 31, 2025.

Unitholders of record on April 30, 2025 will receive a distribution amounting to $2,210,000 or $0.13 per unit, payable May 15, 2025.

Volumes, average sales prices and net profits for the payment period were:

 
Sales volumes: 
   Oil (Bbl)                                                   109,667 
   Natural gas (Mcf)                                            58,971 
      Total $(BOE.AU)$                                              119,496 
Average sales prices: 
   Oil (per Bbl)                                            $    69.32 
   Natural gas (per Mcf)                                    $     3.57 
Gross proceeds: 
   Oil sales                                                $7,601,741 
   Natural gas sales                                           210,767 
                                                             --------- 
      Total gross proceeds                                  $7,812,508 
Costs: 
   Lease operating expenses                                 $3,687,150 
   Production and property taxes                               205,576 
   Development expenses                                        813,595 
                                                             --------- 
      Total costs                                           $4,706,321 
                                                             --------- 
Net proceeds                                                $3,106,187 
Percentage applicable to Trust's Net Profits Interest               80% 
                                                             --------- 
      Net profits interest                                  $2,484,950 
Increase in cash reserve held by VOC Brazos Energy 
 Partners, L.P.                                                      0 
Total cash proceeds available for the Trust                 $2,484,950 
Provision for current estimated Trust expenses                (274,950) 
Net cash proceeds available for distribution                $2,210,000 
 

This press release contains forward-looking statements. Although VOC Brazos has advised the Trust that VOC Brazos believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The announced distributable amount is based on the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to the record date with respect to the quarter ended March 31, 2025. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause these statements to differ materially include the actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, the ability of commodity purchasers to make payment, actions by the members of the Organization of Petroleum Exporting Countries, and other risk factors described in the Trust's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in these risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250417036572/en/

 
    CONTACT:    VOC Energy Trust 

The Bank of New York Mellon Trust Company, N.A., as Trustee

Elaina Rodgers

(713) 483-6020

601 Travis Street, Floor 16, Houston, TX 77002

(END) Dow Jones Newswires

April 17, 2025 15:15 ET (19:15 GMT)