Jun. 18 at 8:31 PM
$PVL announces no July distribution as cash reserves dry up. Oil & gas revenues dip -
$2.3M oil (-
$0.1M MoM) and
$1.1M gas (-
$0.2M MoM). Operating costs rise
$0.3M, capex up
$0.2M. Sponsor still claims 2025 turnaround potential, but trust's ATM looks broken. Units might trade like a dry well tomorrow.
https://www.sec.gov/Archives/edgar/data/1520048/000110465925060643/tm2518270d1_8k.htm