PermRock Royalty Trust declares $0.092003/unit monthly distribution for June production

PermRock Royalty Trust

Distribution of $1,119,292.92 ($0.092003/unit) payable Sept 15, 2022 to holders of record Aug 31, 2022.
June oil sales: 28,114 bbls (937 bbls/d) at avg $114.14/bbl; gas: 34,980 Mcf (1,166 Mcf/d) at $9.30/Mcf.
Oil cash receipts $3.21M, down $0.11M vs prior month on lower volumes partially offset by higher prices.
Direct operating expenses $0.70M; capital expenses $(0.09)M due to refund from Boaz Energy for ownership adjustment.
Boaz Energy reserved $880k net to Trust for future capital obligations and expenses.

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