secwatch.observer — SEC 8-K summary
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Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K
Filed at:   2022-08-19T23:59:59+00:00
Accession:  0001104659-22-092954
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Royalty Trust announces August 2022 distribution of $0.2932/unit; cautions on future reductions
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- Distribution of $0.293212491 per unit payable Oct 31, 2022 to holders of record Aug 31.
- Income of $256,369 from Hilcorp-operated New Mexico San Juan properties and $331,788 from Scout-operated Hugoton properties.
- No income received from Colorado San Juan properties operated by SIMCOE/IKAV or Red Willow.
- Trust intends to increase cash reserves to $2.0M in 2022, materially reducing future distributions.
- Accumulated excess production costs may result in periods with no distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465922092954/0001104659-22-092954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465922092954/tm2223767d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-092954

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