Mesa Royalty Trust (MTR) announced the Trust income distribution for the month of November 2019. Unitholders of record on November 29, 2019 will receive distributions amounting to $0.036724557 per unit payable on January 31, 2020. The Trust received $42,512 and $22,016 from the New Mexico and Colorado portions, respectively, of the San Juan Basin Properties. Royalty income received from the Hugoton Properties totaled $21,736.
This press release contains forward-looking statements. Although the working interest owners have advised the Trustee that the working interest owners believe that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The working interest owners alone control historical operating data, and handle receipt and payment of funds relating to the royalty properties and payments to the Trust for the related royalty. The Trustee cannot assure that errors or adjustments by the working interest owners, whether historical or future, will not affect future royalty income and distributions by the Trust. Other important factors that could cause these statements to differ materially include delays in actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, and other factors described in the Trust’s Form 10-K for the year ended December 31, 2018 under “Part I, Item 1A. Risk Factors,” the Trust’s Form 10-Q for the quarter ended June 30, 2019 under “Part II, Item 1A. Risk Factors,” and those set forth from time to time in the Trust’s filings with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in such risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.