Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of May 2023. Unitholders of record on May 31, 2023 will receive distributions amounting to $0.487527137 per unit, payable on July 31, 2023. The Trust received $978,608 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 $7,590 which came from the Colorado portion of the Trust’s San Juan Basin properties operated by Red Willow Production Company. No income was received in May 2023 from the Hugoton Royalty properties operated by Scout Energy Group V, LP or from the Colorado portion of the Trust’s San Juan Basin properties operated by SIMCOE LLC, an affiliate of IKAV Energy Inc. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $908,551.
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