PermRock Royalty Trust declares $0.040784/unit monthly distribution for April production

PermRock Royalty Trust

Cash distribution of $496,169.38 ($0.040784/unit) payable July 17, 2023 to holders of record June 30, 2023.
Underlying oil sales volumes 26,220 Bbls (874 Bbls/d) at avg price $76.84/Bbl; natural gas 25,886 Mcf (863 Mcf/d) at $3.11/Mcf.
Oil cash receipts $2.01M (+$0.02M vs prior month); natural gas cash receipts $0.08M (-$0.04M).
Operating expenses $0.64M; severance/ad valorem taxes $0.16M; capital expenses $0.29M (down $0.38M).
$120,000 reserved by Boaz Energy for future capital obligations included in net profits calculation.

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