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MV Oil Trust Announces Trust Third Quarter Distribution



  MV Oil Trust Announces Trust Third Quarter Distribution

Business Wire

AUSTIN, Texas -- October 4, 2013

MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for
the third quarterly payment period ended September 30, 2013.

Unitholders of record on October 15, 2013 will receive a distribution
amounting to $11,270,000 or $0.98 per unit payable October 25, 2013.

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

Volume (BOE)                                         219,785
Average price (per BOE)                              $94.78
Gross proceeds                                       $20,830,903
Costs                                                $6,442,286
Net profits                                          $14,388,617
Percentage applicable to Trust’s 80%
Net profits interest                                 $11,510,893
                                                      
MV Partners reserve for capital expenditures         $0
Total cash proceeds available for the Trust          $11,510,893
Provision for estimated Trust expenses               $(240,893)
Net cash proceeds available for distribution         $11,270,000
                                                      

This press release contains forward-looking statements. Although MV Partners,
LLC has advised the Trust that MV Partners, LLC 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 September 30, 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 obligations, to update any of the statements included in this
press release.

Contact:

MV Oil Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Mary Jo Davis, 855-802-1094
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