Mesa Royalty Trust Announces Trust Income for December 2022

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Dec 20, 2022

Mesa Royalty Trust (the “Trust”) (NYSE symbol-MTR) announced today the Trust income distribution for the month of December 2022. Unitholders of record on December 30, 2022 will receive distributions amounting to $0.201199745 per unit, payable on January 31, 2023. The Trust received $336,595, 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 $64,224 which came from the Hugoton Royalty properties operated by Scout Energy Group V, LP. No income was received in December 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 $374,954.