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): August 17, 2006
PERMIAN BASIN ROYALTY TRUST
(Exact name of Registrant as specified in its charter)
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Texas
(State or other jurisdiction of
incorporation or organization)
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1-8033
(Commission
File Number)
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75-6280532
(I.R.S. Employer
Identification No.) |
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Trust Division
Royalty Trust Group
Bank of America, N.A.
901 Main Street, 17th Floor
Dallas, Texas
(Address of principal executive offices)
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75202
(Zip Code) |
Registrants Telephone Number, including area code: (214) 209-2400
Not Applicable
(Former name, former address and former fiscal year, 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 (see General
Instruction A.2.):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
TABLE OF CONTENTS
Item 1.01. Entry into a Material Definitive Agreement.
On August 17, 2006, Permian Basin Royalty Trust (the Trust) entered into an Underwriting
Agreement (the Agreement) among the Trust, ConocoPhillips, Burlington Resources Oil & Gas Company
LP (BROG) and Lehman Brothers Inc. and Wachovia Capital Markets, LLC as representatives of the
several underwriters. Pursuant to the Agreement, ConocoPhillips and BROG agree to sell units of
the Trust. The Trust is not issuing or selling units. The Trust made customary representations
and warranties and agreed to indemnify the underwriters in certain circumstances. A copy of the
Agreement is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
10.1 Underwriting Agreement dated August 17, 2006, among the Permian Basin Royalty Trust,
ConocoPhillips, Burlington Resources Oil & Gas Company LP and Lehman Brothers Inc. and Wachovia
Capital Markets, LLC as representatives of the several underwriters.