Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - CROSS TIMBERS ROYALTY TRUST | d369227d8k.htm |
EXHIBIT 99.1
[NEWS RELEASE LETTERHEAD OF CROSS TIMBERS ROYALTY TRUST APPEARS HERE]
CROSS TIMBERS ROYALTY TRUST
DECLARES JUNE CASH DISTRIBUTION
Dallas, Texas, June 19, 2012 – 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 $0.212585 per unit, payable on July 16, 2012, to unitholders of record on June 29, 2012. 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 |
16,000 | 142,000 | $ | 96.84 | $ | 6.78 | ||||||||||
| Prior Month |
16,000 | 135,000 | $ | 98.75 | $ | 5.49 | ||||||||||
For more information on the Trust, please visit our web site at www.crosstimberstrust.com.
* * *
| Contact: | Nancy G. Willis Vice President U.S. Trust, Bank of America Private Wealth Management, Trustee Toll Free – 877-228-5084 |