Lubelskie Zaklady Przemyslu (PRT)

Overview

PermRock Royalty Trust is a statutory trust that engages in the acquisition and management of oil and natural gas properties. Established in 2017, and headquartered in Dallas, Texas, the Trust focuses on leveraging its perpetual interests in hydrocarbon production, primarily within the renowned Permian Basin. Spanning over 22,731 net acres, this area is one of the most prolific oil-producing regions in the United States, contributing significantly to the company's portfolio and financial stability.

Products and Services

• Perpetual Interests in Oil and Natural Gas Properties

  PermRock Royalty Trust specializes in owning perpetual interests, which means it has endless ownership in the oil and natural gas producing properties within its portfolio. This approach provides a stable and potentially growing income stream derived from the extraction and sale of hydrocarbons over time without the obligation to invest in drilling or exploration activities.

• Investment in the Permian Basin

  The focus of the Trust’s investments lies in the Permian Basin, one of North America's most significant petroleum-producing areas. This strategic choice ensures access to high-quality assets and plays a vital role in the entity's growth strategy by capitalizing on the basin's continuously developing infrastructure, technology improvements, and favorable geology. The Permian Basin’s reputation for low-cost production further enhances the attractiveness of PermRock Royalty Trust's investments.