Sabine Royalty Trust Sept distribution $0.83599/unit; oil $111.28/bbl, gas $6.56/Mcf

SABINE ROYALTY TRUST

Cash distribution of $0.835990 per unit, payable Sept 29 to holders of record Sept 15, 2022.
Preliminary production: 49,404 bbls oil and 1,231,557 Mcf gas; oil price $111.28/bbl, gas $6.56/Mcf.
Distribution higher than prior month due to increased pricing, offset by lower production volumes.
Horizontal wells in Panola County, Texas contributed ~$1,060,000 (May production); additional wells paid.
Approximately $5.178M of revenue to be posted in September; $801K received since August close.

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