Item 2.01 Completion of Acquisition or Disposition of Assets.

The information set forth in Item 8.01 of this current report on Form 8-K is incorporated by reference herein.




Item 8.01 Other Events.


As part of the liquidation process, the Court authorized the Trustee to take all actions necessary to sell the Trust properties and consummate the sale of certain assets to Navajo Transitional Energy Company, LLC ("NTEC") pursuant to the terms of a Letter Agreement NTEC, a copy of which was filed by the Trust as Exhibit 10.1 to the Current Report on Form 8-K with the SEC on August 3, 2021 and to Spartan Energy, LLC, as further described in the Current Report on Form 8-K filed by the Trust with SEC on October 5, 2021.

The Trustee has been actively working toward liquidating the assets and paying all expenses, costs, and professional fees in accordance with the Trust Indenture and Court order. The Trust intends to formally wind down and terminate on Monday, March 28, 2022, and on such date, the Unitholders of record are entitled to a distribution of any of the remaining trust funds. The Trust, however, will not be making a final distribution to its Unitholders because it no longer has revenues sufficient to cover its operating costs and expenses. The Trust recently sent a letter to each Unitholder notifying such Unitholder that its account will be closed on March 28, 2022, and the Trust terminated. A copy of the letter is incorporated by reference to Exhibit 99.1 of this current report on Form 8-K.





                                       2

Item 9.01 Financial Statements and Exhibits





(d)   Exhibits

        Exhibit 99.1   Letter to Unitholders dated March 17, 2022

      Exhibit 104   Cover Page Interactive Data File. The cover page XBRL tags
      are embedded within the inline XBRL document.




                                       3

© Edgar Online, source Glimpses