MV Oil Trust declares Q4 2021 distribution of $0.41/unit; begins building cash reserve for future expenses

MV Oil Trust

Distribution of $4,715,000 ($0.41/unit) payable Jan 25, 2022 to holders of record Jan 14, 2022.
Quarterly volumes 161,030 BOE at avg price $72.15/BOE; gross proceeds $11.6M.
Net profits $6.36M; Trust's 80% share $5.08M after MV Partners' costs.
Trustee withheld $105,417 this quarter to build cash reserve targeting ~$1.265M for future expenses.
Reserve building will continue each quarter; amount may be adjusted without notice.

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