VOC Energy Trust Announces Trust Quarterly Distribution
VOC Energy Trust (NYSE: VOC) announced the Trust distribution of net profits for the first quarterly payment period ended March 31, 2024.
Unitholders of record on April 30, 2024 will receive a distribution amounting to $3,060,000 or $0.18 per unit, payable May 15, 2024.
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Volumes, average sales prices and net profits for the payment period were:
Sales volumes: |
|
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Oil (Bbl) |
|
110,534 |
|
|
Natural gas (Mcf) |
|
64,808 |
|
|
Total (BOE) |
|
121,335 |
|
|
Average sales prices: |
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Oil (per Bbl) |
$ |
71.25 |
|
|
Natural gas (per Mcf) |
$ |
3.10 |
|
|
Gross proceeds: |
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|||
Oil sales |
$ |
7,875,193 |
|
|
Natural gas sales |
|
201,034 |
|
|
Total gross proceeds |
$ |
8,076,227 |
|
|
Costs: |
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|||
Lease operating expenses |
$ |
3,312,352 |
|