secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2023-07-17T23:59:59+00:00
Accession:  0001104659-23-081634
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permianville Trust declares $0.0535/unit monthly distribution; special meeting July 19 for property sale
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- Cash distribution of $0.053500 per unit, payable Aug 14, 2023 to holders of record July 31, 2023.
- Oil volume 64,721 Bbls at $86.52/Bbl; gas 604,148 Mcf at $2.75/Mcf; oil cash receipts $5.6M, up $2.9M MoM.
- Cash revenue catch-up of ~$3.7M from three delayed wells, ~$2.9M net to Trust, included in current calculation.
- Sponsor sold $0.3M non-producing acreage free of net profits interest; proceeds included in current calculation.
- Special unitholder meeting July 19, 2023 to vote on sale of Divestiture Properties and related proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465923081634/0001104659-23-081634-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465923081634/tm2321465d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-081634

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