MV Oil Trust Announces Trust Third Quarter Distribution

MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the quarterly payment period ended September 30, 2022.

Unitholders of record on October 17, 2022 will receive a distribution amounting to $7,877,500 or $0.685 per unit payable October 25, 2022.

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

Volume (BOE)			163,043
Average price (per BOE)		$	97.16
Gross proceeds		$	15,841,172
Costs		$	5,587,580
Net profits		$	10,253,592
Percentage applicable to Trust’s 80%
Net profits interest		$	8,202,874
MV Partners reserve for capital expenditures		$	--
Total cash proceeds available for the Trust		$	8,202,874
Provision for current estimated Trust expenses		$	(219,957	)
Amount withheld for future Trust expenses