VOC Energy Trust is a statutory trust formed under a trust agreement among VOC Brazos Energy Partners, L.P. (VOC Brazos) as trustor, The Bank of New York Mellon Trust Company, N.A., as Trustee and Wilmington Trust Company as Delaware Trustee. The Trust was created to acquire and hold a term net profits interest for the benefit of the Trust unit holders. VOC Brazos is engaged in the production and development of oil and natural gas from properties located in Texas. VOC Kansas Energy Partners, L.L.C. (VOC Kansas), a wholly owned subsidiary of VOC Brazos, is engaged in the production and development of oil and natural gas from properties primarily located in Kansas along with a limited number of Texas properties. The net profits interest consists of working interests in all of the oil and natural gas properties held by VOC Brazos and VOC Kansas in the States of Kansas and Texas as of the date of the conveyance of the net profits interest to the Trust.