Manufacturing costs
The San Juan Basin Royalty Trust has announced that it will not declare a monthly cash distribution to its unit holders due to the application of net proceeds to cover excess production costs. The Trust has accrued a substantial deficit of $14.8 million, which has been decreased by $392,
Manufacturing costs
The San Juan Basin Royalty Trust has reported that due to the application of net proceeds to the balance of excess production costs accrued as a result of Hilcorp San Juan L.P.'s drilling of two new horizonal wells in 2024, no monthly cash distribution will be declared
Manufacturing costs
The San Juan Basin Royalty Trust has announced that it will not declare a monthly cash distribution to its unit holders due to the application of net proceeds to cover excess production costs incurred by Hilcorp San Juan L.P. in 2024. The excess production costs, which currently total approximately
Manufacturing costs
The San Juan Basin Royalty Trust (the "Trust") announced that it will not declare a monthly cash distribution to its Unit Holders due to the application of net proceeds to the balance of excess production costs. Excess production costs occur when production costs and capital expenditures exceed the
Manufacturing costs
The San Juan Basin Royalty Trust has announced that it will not declare a monthly cash distribution to its unit holders due to excess production costs and low natural gas pricing. The trust's subject interests, operated by Hilcorp, reported $3,594,338 in total revenue for August 2024,
Manufacturing costs
San Juan Basin Royalty Trust, a Delaware statutory trust, has announced that it will not declare a monthly cash distribution to its Unit Holders due to excess production costs for its subject interests during the production month of July 2024. The excess production costs are primarily due to significant lease
Manufacturing costs
San Juan Basin Royalty Trust has announced that it will not declare a monthly cash distribution to its unit holders for the production month of June 2024 due to excess production costs. The excess production costs are primarily attributed to significant lease operating expenses and capital expenditures associated with Hilcorp&
Manufacturing costs
The San Juan Basin Royalty Trust, managed by the Argent Trust Company, announced that it will not declare a monthly cash distribution to its unit holders for June 2024. This decision is attributed to excessive production costs and low natural gas pricing, resulting in a revenue shortfall. The trust'
Manufacturing costs
San Juan Basin Royalty Trust has announced that it will not declare a monthly cash distribution to its unit holders in May 2024 due to excess production costs and lower natural gas pricing. The trust, which holds a 24.03% net overriding royalty interest in the San Juan Basin properties,
Manufacturing costs
The San Juan Basin Royalty Trust has reported that due to excess production costs and lower natural gas pricing, no monthly cash distribution will be declared to unit holders in May 2024. The excess production costs, totaling approximately $4,888,522 gross ($3,666,391 net to the trust), are
