Attached files
| file | filename |
|---|---|
| 8-K - 8-K - CROSS TIMBERS ROYALTY TRUST | d792156d8k.htm |
EXHIBIT 99.1
[NEWS RELEASE LETTERHEAD OF CROSS TIMBERS ROYALTY TRUST APPEARS HERE]
CROSS TIMBERS ROYALTY TRUST
DECLARES SEPTEMBER CASH DISTRIBUTION
Dallas, Texas, September 19, 2014 – Southwest Bank, 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 $0.269639 per unit, payable on October 15, 2014, to unitholders of record on September 30, 2014. 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 |
19,000 | 172,000 | $ | 95.80 | $ | 6.40 | ||||||||||
| Prior Month |
19,000 | 155,000 | $ | 96.91 | $ | 6.82 | ||||||||||
New Trustee
On June 20, 2014, unitholders approved Southwest Bank as successor trustee, effective August 29, 2014.
For more information on the Trust, please visit our web site at www.crt-crosstimbers.com.
* * *
| Contact: | Nancy G. Willis Vice President Southwest Bank, Trustee Toll Free – 855-588-7839 |