Permianville Royalty Trust Announces Monthly Cash Distribution

Permianville Royalty Trust (NYSE: PVL) (the “Trust”) today announced a cash distribution to the holders of its units of beneficial interest of $0.024500 per unit, payable on March 13, 2020 to unitholders of record on February 28, 2020. The net profits interest calculation represents reported oil production for the month of November 2019 and reported natural gas production during October 2019. The calculation includes accrued costs incurred in December 2019.

The following table displays reported underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month recorded net profits interest calculations.

		Underlying Sales Volumes								Average Price
		Oil				Natural Gas				Oil			Natural Gas
		Bbls		Bbls/D		Mcf		Mcf/D		(per Bbl)			(per Mcf)
Current Month		56,862		1,895		307,446		9,918		$	54.75		$	1.85
Prior Month		53,754		1,734