San Juan Basin Royalty Trust (NYSE:SJT) Files An 8-K Results of Operations and Financial Condition
Results of Operations and Financial
On May19, 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 $1,763,524.28 or
$0.037837 per unit, based principally upon production during the
month of March 2017. The distribution is payable June14, 2017, to
unit holders of record as of May31, 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.|
The following exhibits are filed in accordance with the
provisions of Item601 of Regulation S-K:
|99.1||Press Release, dated May 19, 2017.|
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 +0.07 at 7.64 with 77,351 shares trading hands.