San Juan declares monthly distribution

|About: San Juan Basin Royalty T... (SJT)|By:, SA News Editor

The monthly cash payout of $6.43M or $0.137905 per unit is payable on July 15 to owners of record on June 30. The previous distribution was marginally higher, helped by interest due on granted and paid audit exceptions.

Gas production in April (upon which this month's distribution is based), was 2.633 Mcf vs. 2.696 Mcf in March, The average price of $5.07 per Mcf slipped from $5.20 in March.

SJT +0.25%