Cross Timbers Royalty Trust declares July distribution of $0.06 per unit
CRT•July distribution declared
Cross Timbers Royalty Trust declared a cash distribution of $0.061397 per unit, payable Aug. 14 to holders of record July 31.
Underlying sales tied to the distribution were 6,000 barrels of oil at $109.21 per barrel and 75,000 Mcf of gas at $4.84 per Mcf.
Texas working-interest excess costs rose $2,000; cumulative excess costs remain $5.99 million, including $1.69 million of interest.
Oklahoma working-interest excess costs recovered $54,000; cumulative excess costs remain $794,000, including $30,000 of interest.
