Mesa Royalty Trust Announces Trust Income for May 2022

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May 20, 2022

Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of May 2022. Unitholders of record on May 31, 2022 will receive distributions amounting to $0.250358523 per unit, payable on July 29, 2022. The Trust received $254,904, which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company, and $239,415, which came from the Hugoton Royalty properties operated by Scout Energy Group V, LP. No income was received in May 2022 from the Colorado portion of the Trust’s San Juan Basin properties operated by SIMCOE LLC, an affiliate of IKAV Energy Inc. or from the Colorado portion of the Trust’s San Juan Basin properties operated by Red Willow Production Company. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $466,566.