Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) announced today a cash distribution to the holders of its units of beneficial interest of $0.140765 per unit, payable on November 15, 2012, to unitholders of record on October 31, 2012. The distribution primarily represents oil production during the month of July 2012 and natural gas production during June 2012, and includes proceeds of approximately $1.1 million related to the settlement of applicable hedge contracts.
The following table displays underlying oil and natural gas sales volumes and average prices attributable to the current month and prior month distributions.
|Underlying Sales Volumes||Average Price|
|Oil (Bbls)||Natural Gas (Mcf)||Oil (per Bbl)||Natural Gas (per Mcf)|
As oil and natural gas sales volumes reported to the Trust represent volumes for which Enduro Resource Partners was paid during the applicable month, reported volumes fluctuate due to the timing of cash receipts from operators. The significant decrease in natural gas production reported above was partly due to approximately 13,500 Mcf/D of natural gas volumes for prior periods that were paid to the Trust during the previous calculation period.
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