What changed in this filing

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Item 4. Controls and Procedures

2021-05-14 compared with 2020-11-09 · 22 added, 24 removed, 5 unchanged (90% of the section changed)

1 unchanged sentence

of Disclosure Controls and Procedures.

The Trustee maintains disclosure controls and procedures designed to ensure

that information required to be disclosed by the Trust in the reports that it files or submits under the Securities Exchange Act

of 1934, as amended, is recorded, processed, summarized and reported within the time periods specified in the rules and regulations

promulgated by the SEC.

Disclosure controls and procedures include controls and procedures designed to ensure that information

required to be disclosed by the Trust is accumulated and communicated by VOC Brazos to the Trustee, as trustee of the Trust, and

its employees who participate in the preparation of the Trust’s periodic reports as appropriate to allow timely decisions

regarding required disclosure.

As of the end of the period covered by

this report, the Trustee carried out an evaluation of the Trust’s disclosure controls and procedures.

A Trust Officer of

the Trustee has concluded that the disclosure controls and procedures of the Trust are effective.

Due to the contractual arrangements of

(i) the Trust Agreement and (ii) the conveyance of the net profits interest, the Trustee relies on (A) information

provided by VOC Brazos, including historical operating data, plans for future operating and capital expenditures, reserve information

and information relating to projected production and (B) conclusions and reports regarding reserves by the Trust’s independent

reserve engineers.

See “Risk Factors—Neither the Trust nor the Trust’s unitholders have the ability to influence

VOC Brazos or control the operations or development of the underlying properties”

The Trustee maintains disclosure controls and procedures designed to ensure that information

required to be disclosed by the Trust in the reports that it files or submits under the Exchange Act is recorded, processed, summarized

and reported within the time periods specified in the rules and regulations promulgated by the SEC.

Disclosure controls and procedures

include controls and procedures designed to ensure that information required to be disclosed by the Trust is accumulated and communicated

by VOC Brazos to the Trustee, as trustee of the Trust, and its employees who participate in the preparation of the Trust’s periodic

reports as appropriate to allow timely decisions regarding required disclosure.

As of the end of the period covered by this report,

the Trustee carried out an evaluation of the Trust’s disclosure controls and procedures.

A Trust Officer of the Trustee has concluded

that the disclosure controls and procedures of the Trust are effective.

Due to the contractual arrangements of (i) the

Trust Agreement and (ii) the conveyance of the net profits interest, the Trustee relies on (A) information provided by VOC Brazos,

including historical operating data, plans for future operating and capital expenditures, reserve information and information relating

to projected production and (B) conclusions and reports regarding reserves by the Trust’s independent reserve engineers.

“Risk Factors—Neither the Trust nor the Trust’s unitholders have the ability to influence VOC Brazos or control the

operations or development of the underlying properties”

in the Form 10-K.

in Internal Control over Financial Reporting.

During the quarter ended September 30, 2020, there was no change

in the Trust’s internal control over financial reporting that has materially affected, or is reasonably likely to materially

affect, the Trust’s internal control over financial reporting.

The Trustee notes for purposes of clarification that it has

no authority over, and makes no statement concerning, the internal control over financial reporting of VOC Brazos.

During the quarter ended March 31, 2021, there was no change in the Trust’s

internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the Trust’s

internal control over financial reporting.

The Trustee notes for purposes of clarification that it has no authority over, and makes no

statement concerning, the internal control over financial reporting of VOC Brazos.

PART II—OTHER INFORMATION

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 4. Controls and Procedures