Sabine Royalty Trust declares July distribution of $0.42915/unit, down from prior month on lower gas prices

SABINE ROYALTY TRUST

Distribution of $0.42915 per unit payable July 29 to holders of record July 15.
Preliminary production: 54,139 bbl oil at $87.11/bbl, 1,074,976 Mcf gas at $2.41/Mcf.
Distribution lower than prior month due to decrease in natural gas pricing ($2.41 vs $4.70/Mcf).
Oil production and prices increased vs prior month (50,742 bbl at $80.78).
Approximately $1.46M in revenue received since June close, $1.03M to be posted in July.

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