February 17, 2012 at 11:10 AM EST
Cross Timbers Royalty Trust Declares February Cash Distribution

DALLAS, Feb. 17, 2012 /PRNewswire/ -- U.S. Trust, Bank of America Private Wealth Management, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.219513 per unit, payable on March 14, 2012, to unitholders of record on February 29, 2012.  The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.

 

 

 

Underlying Sales

 

 

 

 

Volumes

 

Average Price

 

 

Oil

(Bbls)

 

Gas

(Mcf)

 

Oil

(per Bbl)

 

Gas

(per Mcf)

 

 

 

 

 

 

 

 

 

Current Month

 

16,000

 

117,000

 

$ 93.99

 

$  7.47

 

 

 

 

 

 

 

 

 

Prior Month

 

19,000

 

139,000

 

$ 90.52

 

$  7.52

 

Other

The 2011 tax packets are expected to begin mailing directly to unitholders in early March 2012. A copy of Cross Timbers Royalty Trust's tax booklet will be posted to the trust's website by March 1, 2012. In addition to the tax booklet, the Cross Timbers website will offer two simple calculators for computing the monthly income and expense amounts and cost depletion. The calculators are expected to be updated with the 2011 tax information by February 21, 2012.

For more information on the Trust, please visit our web site at www.crosstimberstrust.com.

 

SOURCE U.S. Trust

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