Mesa Royalty Trust Announces Trust Income for February 2023

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Feb 17, 2023

Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of February 2023. Unitholders of record on February 28, 2023 will receive distributions amounting to $0.099748984 per unit, payable on April 28, 2023. The Trust received $212,150, 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 $1,134 which came from the Colorado portion of the Trust’s San Juan Basin properties operated by Red Willow Production Company. No income was received in February 2023 from the Hugoton Royalty properties operated by Scout Energy Group V, LP or the Colorado portion of the Trust’s San Juan Basin properties operated by SIMCOE LLC, an affiliate of IKAV Energy Inc. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $185,891.