ITEM 4.01. Changes in Registrant's Certifying Accountant.
(a) Dismissal of Previous Independent Registered Public Accounting Firm
On September 14, 2021, The Bank of New York Mellon Trust Company, N.A., as
trustee (the "Trustee") of Permianville Royalty Trust (the "Trust"), dismissed
Ernst & Young LLP ("E&Y") as the independent registered public accounting firm
of the Trust. The Trustee has authorized E&Y to respond fully to the inquiries
of the successor auditors.
The reports of E&Y on the Trust's financial statements (which were prepared in
conformity with the modified cash basis of accounting) for the fiscal years
ended December 31, 2020 and December 31, 2019 contained no adverse opinions or
disclaimers of opinions and were not qualified or modified as to uncertainty,
audit scope, or accounting principles.
During the fiscal years ended December 31, 2020 and December 31, 2019, and the
subsequent interim period through September 14, 2021, there were (i) no
disagreements between the Trust and E&Y on any matter of accounting principles
or practices, financial statement disclosure or auditing scope or procedure,
which disagreements, if not resolved to the satisfaction of E&Y, would have
caused E&Y to make reference to the subject matter of the disagreement in E&Y's
reports on the Trust's financial statements for such years, and (ii) no
"reportable events" as that term is defined in Item 304(a)(1)(v) of Regulation
S-K.
The Trust provided E&Y with a copy of the disclosures it is making in this
Current Report on Form 8-K (the "Report") prior to the time the Report was filed
with the Securities and Exchange Commission (the "SEC"). The Trust requested
that E&Y furnish a letter addressed to the SEC stating whether or not it agrees
with the statements made herein. A copy of E&Y's letter, dated September 20,
2021, is attached hereto as Exhibit 16.1.
(b) Engagement of New Independent Registered Public Accounting Firm
On September 14, 2021, the Trustee appointed Weaver and Tidwell, L.L.P.
("Weaver") as the Trust's independent registered public accounting firm for the
year ending December 31, 2021 effective immediately, subject to completion of
Weaver's standard client acceptance procedures and execution of an engagement
letter. During the fiscal years ended December 31, 2020 and 2019, respectively,
and the subsequent interim period through September 14, 2021, neither the Trust
nor anyone acting on its behalf has consulted with Weaver on any of the matters
or events set forth in Item 304(a)(2)(i) or 304(a)(2)(ii) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number Description
16.1 Letter of Ernst & Young LLP dated September 20, 2021 to the SEC
regarding statements included in this Form 8-K.
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PERMIANVILLE ROYALTY TRUST 
