secwatch.observer — SEC 8-K summary
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Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K/A
Filed at:   2022-09-21T23:59:59+00:00
Accession:  0001104659-22-101921
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Royalty Trust corrects Sept. distribution to $0.1866/unit; notes reduced future distributions
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- Corrected distribution: $0.186638855 per unit, payable Oct 31, 2022 to unitholders of record Sept 30, 2022.
- Total distributable income $347,818: $275,783 from New Mexico San Juan (Hilcorp) and $115,890 from Hugoton (Scout).
- No income received from Colorado San Juan Basin properties operated by SIMCOE/IKAV or Red Willow.
- Trust plans to increase cash reserves to $2.0 million during 2022, materially reducing distributions.
- Accumulated excess production costs may further decrease or eliminate future distributions to unitholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465922101921/0001104659-22-101921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465922101921/tm2221340d3_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-101921

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