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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 ...

PERMIAN BASIN ROYALTY TRUST ANNOUNCES SETTLEMENT OF BLACKBEARD LITIGATION

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today announced that it has reached a settlement agreement in connection with its litigation ...
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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 ...