PermRock Royalty Trust Announces Closing of Boaz Energy's Sale to T2S Permian Acquisition II LLC

DALLAS, March 31, 2025 /PRNewswire/ -- PermRock Royalty Trust (NYSE:PRT) (the "Trust") today announced that Boaz Energy II, LLC ("Boaz Energy"), the now former owner and operator of the oil and gas properties underlying the Trust (the "Underlying Properties"), and its affiliate, Boaz Energy II Royalty, LLC ("Boaz Royalty" and, together with Boaz Energy, the "Grantors") completed the sale contemplated by the Purchase and Sale Agreement entered into on January 10, 2025 (the "Purchase and Sale Agreement") with T2S Permian Acquisition II LLC, a Delaware limited liability company (the "Buyer").

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