Mesa Royalty Trust Announces Trust Income for March 2022

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Mar 21, 2022

Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of March 2022. Unitholders of record on March 31, 2022 will receive distributions amounting to $0.102836005 per unit, payable on April 29, 2022. The Trust received $227,560, the majority of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company, with the remainder received from the Colorado portion of the Trust’s San Juan Basin properties operated by Simcoe LLC, an affiliate of IKAV Energy Inc. No income was received in March 2022 from the Hugoton Royalty properties, operated by Scout Energy Group V, LP. This month, after the Trust’s withholding for the payment of administrative expenses, income from the distributable net profits was $191,644.