PermRock Royalty Trust declares monthly distribution of $0.030888/unit for Feb 2023 production

PermRock Royalty Trust

Distribution of $375,777.62 ($0.030888/unit) payable May 12, 2023 to holders of record April 28, 2023.
Oil sales volumes: 25,096 Bbls at $73.41/bbl, down from 26,629 Bbls at $74.99/bbl in prior month.
Natural gas volumes: 33,908 Mcf at $4.23/Mcf, down from 36,924 Mcf at $4.63/Mcf.
Operating expenses $0.77M (+$0.02M); capital expenses $0.59M (+$0.09M) due to well recompletion and injector conversion.
$300,000 of previously reserved funds applied to net profits calculation this month.

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