PermRock declares $0.05026/unit monthly distribution; oil volumes drop 17.6%

PermRock Royalty Trust

Distribution of $611,451 ($0.05026/unit) payable April 14, record March 31.
January oil volumes 26,629 bbls (859 bbl/d) vs 32,340 bbls prior month.
Oil cash receipts $2.00M, down $0.35M; natural gas receipts unchanged at $0.17M.
Operating expenses $0.75M (-$0.38M); capex $0.50M (+$0.19M) due to Permian Abo reentry.
Boaz Energy applied $200k reserved funds to current net profits calculation.

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