secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2023-06-16T23:59:59+00:00
Accession:  0001104659-23-072249
Event type: dividend
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permianville Royalty Trust Announces Monthly Cash Distribution of $0.0125 per Unit
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- Monthly cash distribution of $0.012500 per unit payable on July 14, 2023 to unitholders of record on June 30, 2023.
- Underlying oil sales volumes: 38,120 Bbls at $71.94/Bbl; natural gas: 195,616 Mcf at $2.85/Mcf.
- Total accrued operating expenses were $2.5 million, up $0.1 million from the prior period.
- Three wells converted to first revenues with a catch-up of $3.7 million ($2.9M net to Trust) to be included next month.
- Sponsor sold $0.3 million in non-producing acreage free of net profits interest; proceeds in next month's calculation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465923072249/0001104659-23-072249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465923072249/tm2318909d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-072249

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