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VOC Energy Trust Announces Trust Quarterly Distribution



  VOC Energy Trust Announces Trust Quarterly Distribution

Business Wire

AUSTIN, Texas -- April 18, 2013

VOC Energy Trust (NYSE: VOC) announced the Trust distribution of net profits
for the first quarterly payment period ended March 31, 2013.

Unitholders of record on April 30, 2013 will receive a distribution amounting
to $8,160,000 or $0.48 per unit, payable May 15, 2013.

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

Sales volumes:                                                 
Oil (Bbl)                                                         185,017
Natural gas (Mcf)                                                 143,626
Total (BOE)                                                       208,955
Average sales prices:
Oil (per Bbl)                                                   $ 90.16
Natural gas (per Mcf)                                           $ 3.98
Gross proceeds:
Oil sales                                                       $ 16,680,248
Natural gas sales                                                 571,403     
Total gross proceeds                                            $ 17,251,651
Costs:
Production and development costs:
Lease operating expenses                                        $ 3,235,599
Production and property taxes                                     539,708
Development expenses                                              2,376,111   
Total                                                           $ 6,151,418
                                                                 
Settlement of hedge contracts – payments received                 (719,386   )
Net proceeds                                                    $ 11,819,619
Percentage applicable to Trust’s 80% net profits interest         80         %
Net profits interest                                            $ 9,455,695
Increase in cash reserve held by VOC Brazos Energy                (1,000,000 )
Partners, L.P.
Total cash proceeds available for the Trust                     $ 8,455,695
Provision for estimated Trust expenses                            (295,695   )
Net cash proceeds available for distribution                    $ 8,160,000   
                                                                 

This press release contains forward-looking statements. Although VOC Brazos
Energy Partners, L.P. has advised the Trust that VOC Brazos Energy Partners,
L.P. 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
March 31, 2013. 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, and other
risk factors described in the Trust’s Form 10-K for the year ended December
31, 2012 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 obligation, to update
any of the statements included in this press release.

Contact:

VOC Energy Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Mike Ulrich, 855-802-1094
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