MV Oil Trust is a statutory trust formed among MV Partners, LLC (MV Partners) as trustor, The Bank of New York Mellon Trust Company, N.A., as trustee, and Wilmington Trust Company, as Delaware trustee. Co. acquires and holds a term net profits interest for the benefit of its unitholders pursuant to a conveyance from MV Partners to Co. The term net profits interest is an interest in underlying properties consisting of MV Partner's net interests in all of its oil and natural gas properties in the Mid-Continent region in Kansas and Colorado (the underlying properties). A portion of the net acres included in the underlying properties are located in El Dorado Area and Northwest Kansas Area.

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