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Stockreport

San Juan Basin Royalty Trust Declares March Cash Distribution

SAN JUAN BASIN ROYALTY (SJT)  More Company Research Source: Business Wire
US:NYSE Investor Relations: sjbrt.com
PDF FORT WORTH, Texas--(BUSINESS WIRE)-- Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $3,310,291.74 or $0.071023 per unit, based principally upon production during the month of January 2017. The distribution is payable April 13, 2017, to unit holders of record as of March 31, 2017. Gas production for the properties from which the royalty was carved (the “Subject Interests”) totaled approximately 2,103,048 Mcf (2,359,182 MMBtu) for January 2017. Dividing revenues by production volume yielded an average gas price for January 2017 of $3.42 per Mcf ($3.05 per MMBtu) as compared to $3.05 per Mcf ($2.73 per MMBtu) for December 2016. The average monthly gas price Burlington reports to the Trust is a calculated price. It is determined by dividing gross monthly revenue by production vol [Read more]

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