Texas Pacific Land Trust Provides Update on Corporate Reorganization

DALLAS--(BUSINESS WIRE)--The Trustees of Texas Pacific Land Trust (NYSE:TPL) (the “Trust”) announced today that, in connection with the Trust’s previously announced plan to reorganize from its current structure to a corporation formed under Delaware law, the new corporation has submitted an initial draft registration statement on Form 10 to the Securities and Exchange Commission (SEC), on a non-public basis, for review by the staff of the SEC.