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Chesapeake Granite Wash Trust (OTC: CHKR) announced a common unit distribution of $0.0098 for the quarter ended March 31, 2024, payable on May 30, 2024. The Trust's royalty interests generated revenue of $1,154 thousand, resulting in a distributable income of $460 thousand. The distribution is based on sales volumes of 10 mbbl of oil, 229 mmcf of natural gas, and 18 mbbl of natural gas liquids, with an average price received per unit. The Trust owns royalty interests in the Colony Granite Wash play in Oklahoma, with fluctuating revenues based on production sales and prices.
