PermRock Royalty Trust declares $0.040295/unit cash distribution, payable June 14

PermRock Royalty Trust

Distribution of $490,223.49 ($0.040295/unit) payable June 14 to holders of record May 31.
Underlying oil sales of 26,162 bbls at $78.88/bbl; natural gas 28,443 Mcf at $3.00/Mcf.
Oil cash receipts $2.06M (+$0.33M vs prior); gas receipts $0.09M essentially unchanged.
Direct operating expenses $0.73M; severance/ad valorem taxes $0.09M; capital expenses $0.13M.
Net profits calculation included $184K reserved by Boaz Energy for future capital obligations.

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