Valuation under review.
MV Oil Trust is a passive investment vehicle that holds a net profits interest in approximately 830 producing oil and gas wells in Kansas and Colorado operated by MV Partners, LLC, from which it receives 80% of net proceeds. The Trust generates revenue by selling crude oil, natural gas, and natural gas liquids produced from these mature Mid-Continent properties into commodity markets at market-determined prices, with most sales handled by MV Purchasing, LLC under short-term arrangements. Distributable cash flows to unitholders are calculated as gross revenues minus direct operating and development costs, and decline as reserves naturally deplete; the Trust has a finite life terminating when cumulative production reaches a predetermined threshold, after which it winds down and unit values approach zero.
Financial summary not available yet.