VOC Energy Trust's core business involves securing and holding a finite-term interest in the net profits generated from the production and sale of oil and natural gas properties located in Kansas and Texas. This interest specifically grants the trust an 80% share of the net proceeds from these underlying energy assets. As of December 31, 2021, its underlying properties comprised 452.5 net producing wells and 51,147.2 net acres. On the same date, its proved reserves included approximately 2.9 million barrels of oil equivalent (MMBoe) attributable to its Kansas holdings and roughly 5.4 MMBoe attributable to its Texas holdings. VOC Energy Trust was founded in 2010 and operates out of Houston, Texas.
VOC Energy Trust Announces Trust Quarterly Distribution
VOC Energy Trust declared a quarterly distribution of $0.28 per unit, totaling $4.76 million, payable August 14, 2026 to unitholders of record on July 30.
The distribution is based on net proceeds of $6.12 million for the quarter ended June 30, derived from 117,904 BOE of total production.
Average realized prices were $94.81 per barrel of oil and $4.44 per Mcf of natural gas.