VOC Energy Trust Announces There Will Be No Trust Second Quarter Distribution

VOC Energy Trust (NYSE: VOC) announced that there will be no Trust distribution of net profits for the second quarterly payment period ended June 30, 2020. The revenue received from the underlying properties was not sufficient to cover the costs attributable to the underlying properties during the period. The following table shows the underlying data for the Net Profits Interest for the quarter.

Volumes, average sales prices and net profits for the payment period were:

Sales volumes:
Oil (Bbl)		122,672
Natural gas (Mcf)		100,804
Total (BOE)		139,473
Average sales prices:
Oil (per Bbl)		$	22.53
Natural gas (per Mcf)		$	1.24
Gross proceeds:
Oil sales		$	2,764,248
Natural gas sales