Attached files
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| 8-K - CROSS TIMBERS ROYALTY TRUST | v199345_8k.htm |
EXHIBIT
99.1
[NEWS
RELEASE LETTERHEAD OF CROSS TIMBERS ROYALTY TRUST APPEARS HERE]
CROSS
TIMBERS ROYALTY TRUST
DECLARES
OCTOBER CASH DISTRIBUTION
Dallas, Texas, October 19,
2010 – 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 $0.254329 per
unit, payable on November 15, 2010, to unitholders of record on October 29,
2010. The following table shows underlying oil and gas sales and
average prices attributable to the current month and prior month
distributions.
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Underlying Sales
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Volumes
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Average Price
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Oil
(Bbls)
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Gas
(Mcf)
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Oil
(per Bbl)
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Gas
(per Mcf)
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Current
Month
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16,000 | 211,000 | $ | 71.77 | $ | 6.79 | ||||||||||
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Prior
Month
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18,000 | 185,000 | $ | 68.73 | $ | 6.20 | ||||||||||
For more information on the Trust,
please visit our web site at www.crosstimberstrust.com.
* * *
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Contact:
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Nancy
G. Willis
Vice
President
U.S.
Trust, Bank of America
Private
Wealth Management,
Trustee
Toll
Free – 877-228-5084
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