Oct. 3 at 12:41 PM
$BPT On September 30, 2025, BP Prudhoe Bay Royalty Trust entered into an agreement with GREP V Holdings, L.P. to sell its overriding royalty interest for
$3.7 million, with the sale closing on October 1, 2025. As a result of this transaction, the Trust will no longer receive proceeds from oil production related to the royalty interest and will cease regular quarterly cash distributions to unitholders. The net proceeds from the sale will be distributed to unitholders on or about October 20, 2025, after expenses. The Trust plans to file a Form 15 with the SEC to suspend its reporting obligations and will eventually dissolve after completing the winding-up process.
