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VOC Energy Trust Announces Trust Second Quarterly Distribution

VOC Energy Trust (NYSE: VOC) announced a Trust distribution, which relates to net profits generated during the payment period ended September 30, 2011.

Unitholders of record on October 31, 2011 will receive a distribution amounting to $9,520,000 or $0.56 per unit payable November 15, 2011.

Volumes, price and net profits for the payment period were:
 
Volume (BOE)

 

214,250
Proceeds (per BOE) $ 80.97
Gross Proceeds $

17,347,945
Costs $ 5,196,523
Net Profits $ 12,151,422
Percentage applicable to Trust’s 80%
Net Profits Interest $ 9,721,138
 
Cash reserve held by VOC Brazos Energy Partners, L.P. $ -
Total cash proceeds available for the Trust $ 9,721,138
Provision for estimated Trust expenses $ (201,138 )
Net cash proceeds available for distribution $ 9,520,000
 

VOC Energy Trust is a Delaware statutory trust formed by VOC Brazos Energy Partners, L.P. to own a term net profits interest representing the right to receive 80% of the net proceeds from the sale of production from substantially all of the interests in oil and natural gas properties in the states of Kansas and Texas held by VOC Brazos Energy Partners, L.P. as of the date of the conveyance of net profits interest to the Trust.

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