San Juan Basin Royalty Trust (NYSE:SJT) Files An 8-K Results of Operations and Financial Condition
Item2.02.
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Results of Operations and Financial Condition. |
On March21, 2017, the San Juan Basin Royalty Trust (the Trust)
issued a press release, a copy of which is attached hereto as
Exhibit 99.1, announcing 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 April13, 2017,
to Unit Holders of record as of March31, 2017.
In accordance with general instruction B.2 to Form 8-K, the
information in this Form 8-K shall be deemed furnished
and not filed with the Securities and Exchange Commission for
purposes of Section18 of the Securities Exchange Act of 1934, as
amended, or otherwise, subject to the liabilities of that
section.
| Item9.01. | Financial Statements and Exhibits. |
(d)
Exhibits.
The following
exhibits are filed in accordance with the provisions of Item 601
of Regulation S-K:
|
ExhibitNo. |
Description |
|
| 99.1 | Press Release, dated March21, 2017. |
2
About San Juan Basin Royalty Trust (NYSE:SJT)
San Juan Basin Royalty Trust is an express trust. The principal asset of the Trust is Royalty. Its underlying properties include the working, royalty and other oil and natural gas interests owned by Southland Royalty Company in properties located in the San Juan Basin of northwestern New Mexico. The Trust does not operate the Underlying Properties and does not carry on any business activity. The Trust is a widely held fixed investment trust (WHFIT) and is classified as a non-mortgage widely held fixed investment trust (NMWHFIT) for federal income tax purposes. Burlington Resources Oil & Gas Company LP is the principal operator of the Underlying Properties. The Trustee of the Trust is Compass Bank, which is a subsidiary of Banco Bilbao Vizcaya Argentaria, S.A. San Juan Basin Royalty Trust (NYSE:SJT) Recent Trading Information
San Juan Basin Royalty Trust (NYSE:SJT) closed its last trading session up +0.34 at 6.98 with 73,387 shares trading hands.
