Permianville Royalty Trust declares $0.0135/unit monthly distribution for June 2023

Permianville Royalty Trust

Cash distribution of $0.013500 per unit, payable June 14, 2023 to holders of record May 31, 2023.
Current month oil production 39,651 bbls at avg $75.60/bbl; natural gas 241,119 Mcf at $3.84/Mcf.
Oil cash receipts $3.0M, up $0.1M from prior month; natural gas receipts $0.9M, flat.
Accrued operating expenses $2.4M, up $0.2M; capex $0.9M, up $0.7M, driven by new Permian drill project.
First revenues from several previously disclosed new drill capital projects contributed to current oil volumes.

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