DALLAS, Aug. 19, 2014 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE – CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.255332 per unit, payable on September 15, 2014, to unitholders of record on August 29, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.
Underlying Sales |
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Volumes |
Average Price |
||||||||||||||
Oil (Bbls) |
Gas (Mcf) |
Oil (Bbls) |
Gas (Mcf) |
||||||||||||
Current Month Distribution |
19,000 |
155,000 |
$96.91 |
$6.82 |
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Prior Month Distribution |
19,000 |
133,000 |
$92.94 |
$6.71 |
|||||||||||
Trustee Resignation
On June 20, 2014, unitholders approved Southwest Bank as successor trustee, effective August 29, 2014.
For more information on the trust, please visit our web site at www.crosstimberstrust.com
SOURCE U.S. Trust
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