Mesa Royalty Trust Announces Trust Income for October 2022

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Oct 20, 2022

Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of October 2022. Unitholders of record on October 31, 2022 will receive distributions amounting to $0.181767542 per unit, payable on January 31, 2023. The Trust received $330,459 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 and $46,005 which came from the Hugoton Royalty properties operated by Scout Energy Group V, LP. No income was received in October 2022 from the Colorado portion of the Trust’s San Juan Basin properties operated by SIMCOE LLC, an affiliate of IKAV Energy Inc. or from the Colorado portion of the Trust’s San Juan Basin properties operated by Red Willow Production Company. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $338,740.