Permian Basin Royalty Trust. The Group is an express trust created under the laws of the state of Texas by Permian Basin Royalty trust Indenture between Southland Royalty Company and The First National Bank of Fort Worth. The principal assets of the Group are comprised of net overriding royalty interests held by the Trust are carved out of high quality ... More

Permian Basin Royalty Trust. The Group is an express trust created under the laws of the state of Texas by Permian Basin Royalty trust Indenture between Southland Royalty Company and The First National Bank of Fort Worth. The principal assets of the Group are comprised of net overriding royalty interests held by the Trust are carved out of high quality producing oil and gas properties located primarily in West Texas.