PVL
Permianville RoyaltyยทNYSE
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PVL Profile
Permianville Royalty Trust
A trust that owns 80% net profits of sales from oil and gas production from properties in Texas, Louisiana
Oil, natural gas and consumer fuels
05/03/2011
11/03/2011
New York Stock Exchange
0
12-31
Common stock
601 Travis Street, 16th Floor, Houston, Texas 77002
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Permianville Royalty Trust is a Delaware statutory trust formed on May 3, 2011 under the Delaware Statutory Trust Act, with Endurao Resource Partners LLC as settlor, the Bank of BNY Mellon Trust Company, Trust Agreement between N.A.) as Trustee and Wilmington Trust Company as Delaware Trustee. Pursuant to an agreement between Enduro, the Trustee and the Delaware Trustee, the Trust was established for the purpose of acquiring and holding net profits for the benefit of the Trust Unitholders. Regarding the closing of the IPO of the trust units, Endurao intends to transfer the net profit interest to the trust in exchange for the trust units. Net profit interests represent interests in underlying properties, including Enduro's interests in specific oil and gas properties located in Texas, Louisiana and New Mexico.
