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    MV Oil Trust (MVO)

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    Business Description

    MV Oil Trust (MVO) is a statutory trust formed in August 2006 under the Delaware Statutory Trust Act. The trust primarily generates revenue through its net profits interest, which entitles it to 80% of the net proceeds from oil and natural gas properties owned by MV Partners, LLC. These properties, located in Kansas and Colorado, predominantly produce oil, with minimal contributions from natural gas and natural gas liquids.

    1. Oil - Drives the majority of revenue through the sale of crude oil extracted from approximately 860 wells in the Mid-Continent region, primarily in Kansas and Colorado.
    2. Natural Gas - Contributes a small portion of revenue through the sale of natural gas produced alongside oil from the same wells.
    3. Natural Gas Liquids (NGLs) - Generates minimal revenue through the extraction and sale of natural gas liquids from the underlying properties.

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    Executive Team

    NamePositionStart DateShort Bio
    Elaina C. RodgersVice President of The Bank of New York Mellon Trust Company, N.A. (Trustee)N/AServes as Vice President of The Bank of New York Mellon Trust Company, N.A., acting as Trustee for MV Oil Trust (MVO). She has signed multiple certifications and reports on behalf of the Trust, including 10-Q, 10-K, and 8-K filings throughout 2024 and early 2025.