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Permian Basin Royalty Trust settles Blackbeard dispute for $9M

Permian Basin Royalty Trust said it reached a settlement agreement with Blackbeard Operating in litigation over royalty ...
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Permian Basin Settles Lawsuit with Blackbeard Operating

On August 19, 2025, Permian Basin Royalty Trust announced a settlement agreement with Blackbeard Operating, LLC, resolving a lawsuit over unpaid royalties. Blackbeard agreed to pay $9 million to the ...
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Permian Basin Royalty Trust reaches settlement agreement with Blackbeard

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (PBT), announced that it has reached a settlement agreement in connection with ...