- BP Prudhoe Bay Royalty Trust entered into an Asset Purchase and Sale Agreement on **September 30, 2025**, with GREP V Holdings, L.P. for the sale of its overriding royalty interest for **$3,700,000 in cash**.  **[850033_0001193125-25-226748_d73353d8k.htm:1]**  The sale closed on **October 1, 2025**, with an effective date of **July 1, 2025**.  **[850033_0001193125-25-226748_d73353d8k.htm:1]** 
- As a result of the sale, the Trust **will not receive any further proceeds from oil production** attributable to the Royalty Interest from July 1, 2025, and **will cease regular quarterly cash distributions** to its unitholders.  **[850033_0001193125-25-226748_d73353d8k.htm:1]** 
- The Trustee expects to **distribute the net proceeds** of the sale to unitholders of record on **October 15, 2025**, with the distribution occurring on or about **October 20, 2025**.  **[850033_0001193125-25-226748_d73353d8k.htm:1]** 
- The Trust intends to **file a Form 15 with the SEC** to suspend its reporting obligations, marking the cessation of future SEC filings as part of its winding-up process.  **[850033_0001193125-25-226748_d73353d8k.htm:1]**

BP PRUDHOE BAY ROYALTY TRUST (BPPTU)