| By PR Newswire | Article Rating: |
|
| January 18, 2013 11:01 AM EST | Reads: |
176 |
DALLAS, Jan. 18, 2013 /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 $0.157839 per unit, payable on February 14, 2013, to unitholders of record on January 31, 2013. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.
|
Underlying Sales |
||||||||
|
Volumes |
Average Price | |||||||
|
Oil (Bbls) |
Gas (Mcf) |
Oil (per Bbl) |
Gas (per Mcf) | |||||
|
Current Month |
18,000 |
151,000 |
$ 78.01 |
$ 4.53 | ||||
|
Prior Month |
21,000 |
174,000 |
$ 85.15 |
$ 5.16 | ||||
Excess Costs
XTO Energy has advised the trustee that lower oil prices and increased costs related to the timing of cash disbursements caused costs to exceed revenues on properties underlying the Texas Working Interest net profits interests. However, these excess costs did not reduce net proceeds from the remaining conveyances.
For more information on the Trust, please visit our web site at www.crosstimberstrust.com.
SOURCE U.S. Trust
Published January 18, 2013 Reads 176
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- Windows Azure IaaS Reaches General Availability
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Predixion Software Announces General Availability of the Latest Version of its Predictive Analytics Platform
- Cloud Expo New York: Deploying Hybrid Cloud for Performance and Uptime
- CollabNet And UC4 Announce General Availability Of Joint Enterprise DevOps Platform
- Symphony EYC Appoints New Account Manager to Drive Global Opportunities
- Cloud Computing Is Simplifying Things
- Cloud Expo New York: Developing the World’s First IaaS Marketplace
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York: Best CIO Practices Shared from SHI’s Customers
- Windows Azure IaaS Reaches General Availability
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- The PostOpen Event – Why It Is So Important
- The Cover and the Epilogue of the Upcoming Book
- Predixion Software Announces General Availability of the Latest Version of its Predictive Analytics Platform
- Cloud Expo New York: Deploying Hybrid Cloud for Performance and Uptime
- Small Cancers, Big Data, and a Life Examined
- Global Micro Servers Market (2013 - 2018), By Processor Type (Intel, Arm, Amd), Component (Hardware, Software, Operating System), Application (Media Storage, Data Centers, Analytics, Cloud Computing) & Geography (North America, Europe, Apac, Row)
- Google Maps and ASP.NET
- Converting VB6 to VB.NET, Part I
- How to Write High-Performance C# Code
- Crystal Reports XI & How It Has Changed
- Where Are RIA Technologies Headed in 2008?
- Creating Controls for.NET Compact Framework in Visual Studio 2005
- Programmatically Posting Data to ASP .NET Web Applications
- Implementing Tab Navigation with ASP.NET 2.0
- AJAX World RIA Conference & Expo Kicks Off in New York City
- i-Technology Viewpoint: "SOA Sucks"
- .NET Archives: Getting Reacquainted with the Father of C#
- i-Technology Photo Exclusive: Bill Gates & Steve Jobs In "Nerds"




























