5 unchanged sentences
Elaina Rodgers, as Trust Officer of the Trustee, has concluded that the disclosure controls and procedures of the Trust are effective.
+Added: TABLE OF CONTENTS
Due to the contractual arrangements of (i) the Trust Agreement and (ii) the Conveyance, 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.
32 unchanged sentences
Security Ownership of Certain Beneficial Owners and Management and Related Unitholder Matters.
−Removed: Security Ownership of Certain Beneficial Owners.
+Added: (a) Securities Authorized for Issuance Under Equity Compensation Plans.
+Added: The Trust does not have any employees and, therefore, does not maintain any equity compensation plans.
+Added: (b) Security Ownership of Certain Beneficial Owners.
The following table sets forth certain information regarding the beneficial ownership of the Trust Units as of March 24, 2026 by each person who, to the Trust’s knowledge, beneficially owns more than 5% of the outstanding Trust Units.
2 unchanged sentences
Based on 17,000,000 Trust Units outstanding as of March 24, 2026.
+Added: TABLE OF CONTENTS
The information is based on a Schedule 13D filing with the SEC on August 18, 2011.
3 unchanged sentences
(“RCH GP”), and RCH Black Fund, L.P.
−Removed: (“RCH LP” and, together with Raymond, Advisors and RCH GP, the “Reporting
−Removed: TABLE OF CONTENTS
+Added: (“RCH LP” and, together with Raymond, Advisors and RCH GP, the “Reporting Persons”).
The principal business address of the Reporting Persons is 3953 Maple Avenue, Suite 180, Dallas, Texas 75219.
3 unchanged sentences
According to the filing, each Reporting Person expressly disclaims (a) the existence of any group and (b) beneficial ownership with respect to any Trust Units other than the Trust Units owned of record by such Reporting Person.
−Removed: Security Ownership of Management.
+Added: (c) Security Ownership of Management.
Not applicable.
−Removed: Changes in Control.
+Added: (d) Changes in Control.
The registrant knows of no arrangement, including any pledge by any person of securities of the registrant or any of its parents, the operation of which may at a subsequent date result in a change of control of the registrant.
15 unchanged sentences
to continuously maintain the effectiveness of the registration statement under the Securities Act for 90 days (or for three years if a shelf registration statement is requested) after the effectiveness thereof or until the Trust Units covered by the registration statement have been sold pursuant to such registration statement or until all registrable Trust Units:
+Added: TABLE OF CONTENTS
have been sold pursuant to Rule 144 under the Securities Act if the transferee thereof does not receive “restricted securities;”
have been sold in a private transaction in which the transferor’s rights under the registration rights agreement are not assigned to the transferee of the Trust Units;
−Removed: TABLE OF CONTENTS
become eligible for resale pursuant to Rule 144(k) (or any similar rule then in effect under the Securities Act).
1 unchanged sentence
In connection with the preparation and filing of any registration statement, VOC Brazos will bear all costs and expenses incidental to any registration statement, excluding certain internal expenses of the Trust, which will be borne by the Trustee, and any underwriting discounts and commissions, which will be borne by the seller of the Trust Units.
+Added: Director Independence
+Added: The Trust does not have a board of directors.
Principal Accountant Fees and Services.
−Removed: The Trust does not have an audit committee.
−Removed: Any pre-approval and approval of all services performed by the principal auditor or any other professional service firms and related fees are granted by the Trustee.
The following table presents fees for professional audit services rendered by Grant Thornton LLP for the audit of the Trust’s financial statements for 2024 and 2025 and fees billed for other services rendered by Grant Thornton LLP.
1 unchanged sentence
All other fees
+Added: The Trust has no audit committee, and as a result, has no audit committee pre-approval policies and procedures with respect to fees paid to Grant Thornton LLP.
+Added: Any pre-approval or approval of any services performed by the principal auditor or any other professional service firms and related fees are granted by the Trustee.
TABLE OF CONTENTS
9 unchanged sentences
(a)(2) Schedules
−Removed: Schedules have been omitted because they are not required, not applicable or the information required has been included elsewhere herein.
+Added: Financial statement schedules have been omitted because they are not required, not applicable or the information required has been included elsewhere herein.
(a)(3) Exhibits
+Added: The exhibits below are filed or furnished herewith or incorporated herein by reference.
Certificate of Trust of VOC Energy Trust.
16 unchanged sentences
VOC Energy Trust Clawback Policy.
−Removed: (Incorprated herein by reference to Exhibit 97.1 to the Trust’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (File No.
+Added: (Incorporated herein by reference to Exhibit 97.1 to the Trust’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (File No.
Report of Cawley, Gillespie & Associates, Inc., Petroleum Consultants
13 unchanged sentences
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.