VOC Energy Trust: Winter Storms in Kansas, Texas Cut Into Oil Production [MarketWatch]
VOC Energy Trust Units of Beneficial Interest (VOC)
US:NYSE Investor Relations:
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Source: MarketWatch
after severe winter storms in Kansas and Texas affected oil production at its properties. The Houston-based trust said unitholders would receive a distribution of $3.2 million, or 19 cents a unit, for the quarter ended Dec. 31. VOC Energy Trust distributed $3.9 million, or 23 cents a unit, in the same period a year ago. Advertisement VOC Energy Trust said the storms disabled electrical power to oil-producing properties and prevented workers from accessing some of the properties. VOC Brazos Energy Partners, which runs the properties, estimated 12,500 to 15,000 net barrels of oil production had been deferred as a result of the storms. "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," VOC Energy Trust said. VOC sold 116,405 barrels of oil and 67.9 million cubic feet of natur
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Sec Filings
- 4/18/24 - Form 8-K
- 3/20/24 - Form 10-K
- VOC's page on the SEC website