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VOC Energy Trust(VOC) - 2025 Q1 - Quarterly Results
VOCVOC Energy Trust(VOC)2025-04-17 20:18

Financial Distribution - VOC Energy Trust announced a quarterly distribution of net profits amounting to 2,210,000or2,210,000 or 0.13 per unit, payable on May 15, 2025[2]. - Net proceeds available for distribution to the Trust amounted to 2,210,000afteraccountingforestimatedTrustexpenses[3].SalesPerformanceTotalsalesvolumesforthepaymentperiodincluded109,667barrelsofoiland58,971Mcfofnaturalgas,totaling119,496BOE[3].Averagesalespriceswere2,210,000 after accounting for estimated Trust expenses[3]. Sales Performance - Total sales volumes for the payment period included 109,667 barrels of oil and 58,971 Mcf of natural gas, totaling 119,496 BOE[3]. - Average sales prices were 69.32 per barrel for oil and 3.57perMcffornaturalgas[3].Totalgrossproceedsfromoilandnaturalgassalesreached3.57 per Mcf for natural gas[3]. - Total gross proceeds from oil and natural gas sales reached 7,812,508, with oil sales contributing 7,601,741[3].CostsandExpensesTotalcostsincurredduringtheperiodwere7,601,741[3]. Costs and Expenses - Total costs incurred during the period were 4,706,321, including lease operating expenses of 3,687,150[3].TrustOperationsThepercentageapplicabletotheTrustsNetProfitsInterestwas803,687,150[3]. Trust Operations - The percentage applicable to the Trust's Net Profits Interest was 80%, resulting in a net profits interest of 2,484,950[3]. - The Trust's distributable amount is based on cash received or expected to be received by the Trustee from underlying properties[3]. - There was no increase in cash reserves held by VOC Brazos Energy Partners, L.P.[3]. - The Trust cautions that actual results may differ due to various risk factors, including drilling operations and commodity purchaser payments[3].