0000097517-19-000003.txt : 20190108 0000097517-19-000003.hdr.sgml : 20190108 20190108163700 ACCESSION NUMBER: 0000097517-19-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190107 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets FILED AS OF DATE: 20190108 DATE AS OF CHANGE: 20190108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TEXAS PACIFIC LAND TRUST CENTRAL INDEX KEY: 0000097517 STANDARD INDUSTRIAL CLASSIFICATION: OIL ROYALTY TRADERS [6792] IRS NUMBER: 750279735 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00737 FILM NUMBER: 19516345 BUSINESS ADDRESS: STREET 1: 1700 PACIFIC AVE STREET 2: STE 2770 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 2149695530 MAIL ADDRESS: STREET 1: 1700 PACIFIC AVE STREET 2: STE 2770 CITY: DALLAS STATE: TX ZIP: 75201 8-K 1 form8-k010719.htm 8-K Document


 

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):  January 7, 2019
  
TEXAS PACIFIC LAND TRUST
(Exact Name of Registrant as Specified in its Charter)
 
Not Applicable
(State or Other Jurisdiction of
Incorporation)
1-737
(Commission File Number)
75-0279735
(IRS Employer Identification Number)
 
 
1700 Pacific Avenue, Suite 2770, Dallas, Texas 75201
(Address of Principal Executive Offices)
  
Registrant’s telephone number, including area code:  214-969-5530
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
 
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:
¨
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
 
¨
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
 
¨
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
 
¨
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company    ¨
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ¨


 







Item 2.01.
Completion of Acquisition or Disposition of Assets.
On January 7, 2019, Texas Pacific Land Trust (the “Trust”) consummated the previously announced sale of approximately 14,000 surface acres of land in Loving and Reeves Counties, Texas to WPX Energy Permian, LLC for an aggregate price of $100,000,000 (the “Sale”). The Sale excludes any mineral or royalty interest in the lands to be conveyed and the Trust reserved certain usage, disposal and water rights in approximately 1,280 acres of the lands conveyed.

The Trust intends to use the proceeds from the Sale to acquire like kind properties.

 







SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Trust has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
TEXAS PACIFIC LAND TRUST
Date: January 8, 2019
By:
/s/ Robert J. Packer
 
 
Robert J. Packer
 
 
General Agent and Chief Financial Officer