Monday, November 19, 2012 7:08:20 PM
Enduro Royalty Trust Announces Monthly Cash Distribution
AUSTIN, Texas--(BUSINESS WIRE)--Nov. 19, 2012-- Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) announced today a cash distribution to the holders of its units of beneficial interest of $0.160896 per unit, payable on December 14, 2012, to unitholders of record on November 30, 2012. The distribution primarily represents oil production during the month of August 2012 and natural gas production during July 2012.
The following table displays underlying oil and natural gas sales volumes and average prices attributable to the current month and prior month distributions.
Underlying Sales Volumes Average Price
Oil
(Bbls)
Natural Gas
(Mcf)
Oil
(per Bbl)
Natural Gas
(per Mcf)
Current Month 83,573 927,143 $ 86.24 $ 2.85
Prior Month 79,184 918,802 $ 81.62 $ 2.49
Capital expenditures for the properties underlying the Trust during the period were approximately $0.6 million and proceeds from the settlement of applicable hedge contracts were approximately $1.1 million.
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