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Article: Hugoton Royalty Trust Declares July Cash Distribution.
- Article from:
- PR Newswire
- Article date:
- July 19, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS, July 19 /PRNewswire-FirstCall/ -- Bank of America, N.A., as Trustee of the Hugoton Royalty Trust , today declared a cash distribution to the holders of its units of beneficial interest of $0.086028 per unit, payable on August 14, 2002, to unitholders of record on July 31, 2002. This distribution includes cash receipts related to underlying gas sales volumes of approximately 2,882,000 Mcf, or 93,000 Mcf per day, which were primarily produced in May. Two wells are being completed and three wells are being drilled on the underlying ...