8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 7, 2010

MV Oil Trust

(Exact name of registrant as specified in its charter)

Delaware	001-33219	06-6554331
(State or other jurisdiction of	(Commission	(IRS Employer
incorporation )	File Number)	Identification No.)

919 Congress Avenue
Austin, Texas	78701
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: 1-800-852-1422

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02  Results of Operations and Financial Condition.

On July 7, 2010, MV Oil Trust issued a press release announcing the Trust quarterly distribution for the payment period ended June 30, 2010.  A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

Pursuant to General Instruction B.2 of Form 8-K, the press release attached as Exhibit 99.1 is not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing by MV Oil Trust under the Exchange Act or the Securities Act of 1933, as amended, but is instead “furnished” for purposes of that instruction.

Item 9.01  Financial Statements and Exhibits.

(d)Exhibits.

Exhibit 99.1MV Oil Trust Press Release dated July 7, 2010.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	MV Oil Trust
	By: The Bank of New York Mellon Trust Company, N.A.,
	as Trustee
Date: July 7, 2010	By:	/s/ Mike Ulrich
		Mike Ulrich
		Vice President

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EXHIBIT INDEX

Exhibit	Description
99.1	MV Oil Trust Press Release dated July 7, 2010.

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EX-99.1

Exhibit 99.1

MV Oil Trust

MV Oil Trust Announces Trust Second Quarter Distribution

MV OIL TRUST

The Bank of New York Mellon Trust Company, N.A., Trustee

NEWS

RELEASE

FOR IMMEDIATE RELEASE

Austin, Texas, July 7, 2010 — MV Oil Trust (NYSE Symbol — MVO) announced the Trust distribution of Net Profits for the second quarterly payment period ended June 30, 2010.

Unitholders of record on July 15, 2010 will receive a distribution amounting to $11,097,500 or $0.965 per unit payable July 23, 2010.

Volumes, price and Net Profits for the payment period were:

Volume (BOE)	241,873
Proceeds (BOE)	$	85.67
Gross Proceeds	$	20,721,027
Costs	$	6,577,664
Net Profits	$	14,143,363
Percentage applicable to Trust’s 80%
Net Profits Interest	$	11,314,690
Gross Hedge Proceeds	$	0
Percentage applicable to Trust 80%
Net Hedge Proceeds	$	0
Total cash proceeds available for the Trust	$	11,314,690
Provision for estimated Trust expenses	$	(217,190	)
Net cash proceeds available for distribution	$	11,097,500

This distribution includes amounts from collection of the SemCrude, L.P. / Eaglwing, L.P. payment for the twenty-day period prior to their bankruptcy in July, 2008 (“Twenty-Day Claims”) as MV Partners, LLC received payment of $5.6 million for such Twenty-Day Claims during the month of April 2010. The proceeds from the sale of oil volumes of MV Partners during June 2008 are still pending the outcome of the SemCrude bankruptcy proceedings.

This press release contains forward-looking statements. Although MV Partners, LLC has advised the Trust that MV Partners, LLC believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The announced distributable amount is based on the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to the record date. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause these statements to differ materially include the actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, the ability of commodity purchasers to make payment, and other risk factors described in the Trust’s Form 10-K for the year ended December 31, 2009 filed with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in these risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.

Contact:	MV Oil Trust
	The Bank of New York Mellon Trust Company, N.A., as Trustee
	Mike Ulrich
	(512) 236-6599

919 Congress Avenue, Austin, TX 78701