NDRO Profile — Permianville Royalty Trust
Enduro Royalty Trust is a statutory trust, which acquires and holds for the benefit of its unitholders a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties in Texas, Louisiana and New Mexico (Underlying Properties) held by Enduro Resource Partners LLC (Enduro). Enduro is engaged in the production and development of oil and natural gas from properties located in the Rockies, the Permian Basin of west Texas and southeastern New Mexico, and the Arklatex region of Texas and Louisiana. As of Dec 31 2016, the Underlying Properties had proved reserves of 10.2 million barrels of oil equivalent.