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San Juan Basin Royalty Trust reports developments tied to its royalty interest in natural gas and oil properties in the San Juan Basin of New Mexico. The trust's news centers on monthly cash distribution declarations for units of beneficial interest, net proceeds from subject interests operated by Hilcorp, and the effect of natural gas pricing, production costs, capital expenditures, and trust expenses on royalty income.
Updates also cover Hilcorp capital project plans for the subject interests, including drilling, recompletions, workovers, and natural gas compression facilities in formations such as Mesaverde, Mancos, Dakota, Fruitland Coal, and Pictured Cliffs. Recurring releases describe gas and oil revenue, production volumes, excess production costs, and the trustee's distribution decisions.
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