8-K

VOC Energy Trust (VOC)

8-K 2024-01-19 For: 2024-01-19
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Added on April 06, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington**,D.C. 20549**

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) ofthe Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 19, 2024

VOC Energy Trust

(Exact name of registrant as specified in its charter)

Delaware 00****1-35160 80-6183103
(State or other jurisdiction of <br><br>incorporation) (Commission File Number) (IRS Employer Identification No.)
The Bank of New York Mellon Trust Company, N.A., Trustee<br><br> <br>Global Corporate Trust<br><br> <br>601 Travis Street, Floor 16<br><br> <br>Houston, Texas 77002
--- ---
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: 1-713-483-6020

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Units of Beneficial Interest VOC The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02 Results of Operations and Financial Condition.

On January 19, 2024, VOC Energy Trust issued a press release announcing the Trust quarterly distribution for the payment period ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

Pursuant to General Instruction B.2 of Form 8-K, the press release attached as Exhibit 99.1 is not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing by VOC Energy Trust under the Exchange Act or the Securities Act of 1933, as amended, but is instead “furnished” for purposes of that instruction.

Item 9.01 Financial Statements and Exhibits.

(d)****Exhibits.

Exhibit No. Description
99.1 VOC Energy Trust Press Release issued January 19, 2024.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

**** VOC Energy Trust
By: The Bank of New York Mellon Trust Company, N.A.,<br><br> <br>as Trustee
Date: January 19, 2024 By: /s/ Elaina C. Rodgers
Elaina C. Rodgers
Vice President

Exhibit 99.1

VOC Energy Trust

VOC Energy TrustAnnounces Trust Quarterly Distribution

VOC ENERGY TRUST

The Bank of NewYork Mellon Trust Company, N.A., Trustee

NEWS RELEASE

FOR IMMEDIATERELEASE

Houston, Texas, January 19, 2024 — VOC Energy Trust (NYSE Symbol — VOC) announced the Trust distribution of net profits for the quarterly payment period ended December 31, 2023.

Unitholders of record on January 30, 2024 will receive a distribution amounting to $3,230,000 or $0.19 per unit, payable February 14, 2024.

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

Sales volumes:
Oil (Bbl) 116,405
Natural gas (Mcf) 67,921
Total (BOE) 127,725
Average sales prices:
Oil (per Bbl) $ 81.39
Natural gas (per Mcf) $ 3.24
Gross proceeds:
Oil sales $ 9,474,489
Natural gas sales 220,046
Total gross proceeds $ 9,694,535
Costs:
Lease operating expenses $ 3,907,650
Production and property taxes 834,484
Development expenses 447,259
Total costs $ 5,189,393
Net proceeds $ 4,505,142
Percentage applicable to Trust’s Net Profits Interest 80 %
Net profits interest $ 3,604,114
Increase in cash reserve held by VOC Brazos Energy Partners, L.P. 0
Total cash proceeds available for the Trust $ 3,604,114
Provision for current estimated Trust expenses (374,114 )
Net cash proceeds available for distribution $ 3,230,000

VOC Brazos Energy Partners, L.P. (“VOC Brazos”) has advised the Trust that it expects the distribution of net profits for the quarterly payment period ending March 31, 2024 will be adversely impacted by the recent severe winter storms that have affected Kansas and Texas and resulted in the curtailment of production on certain of the underlying properties. The snow and ice associated with these storms disabled electrical power to the affected underlying properties for an extended period, rendering some properties inaccessible, and generally created difficult working conditions. VOC Brazos currently estimates that production from the underlying properties of approximately 12,500 to 15,000 net barrels of oil during the payment period ending March 31, 2024 has been deferred as the result of this curtailment. VOC Brazos expects that most of the curtailed production should be restored by the end of January 2024 and that the storm effects on production from the underlying properties should be greatly reduced during the quarterly payment period ending June 30, 2024.

This press release contains forward-looking statements, including statements regarding the expected impact of severe winter storms on production from the underlying properties and future distributions of net profits. Although VOC Brazos has advised the Trust that VOC Brazos believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The announced distributable amount is based on the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to the record date with respect to the quarter ended December 31, 2023. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause these statements to differ materially include the actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, the ability of commodity purchasers to make payment, actions by the members of the Organization of Petroleum Exporting Countries, and other risk factors described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2022 filed with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in these risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.

Contact: VOCEnergy Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina Rodgers
(713) 483-6020
601 Travis Street, Floor 16, Houston, TX 77002