PRT Profile — PermRock Royalty Trust
PermRock Royalty Trust acquires and holds the Net Profits Interest for the benefit of its unitholders. The Net Profits Interest entitles Co. to receive 80% of the net profits from the sale of oil and natural gas production from the Underlying Properties. The Underlying Properties consist of the following four operating areas: the Permian Clearfork area located in Hockley and Terry Counties, TX; the Permian Abo area located in Terry and Cochran Counties, TX; the Permian Shelf area located in Glasscock, Schleicher, Stonewall and Coke Counties, TX; and the Permian Platform area located in Ward, Crane, Terry and Ector Counties, TX.
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