Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) announced today a cash distribution to the holders of its units of beneficial interest of $0.128817 per unit, payable on July 15, 2013, to unitholders of record on June 28, 2013. The distribution primarily represents oil production during the month of March 2013 and natural gas production during February 2013.
The following table displays underlying oil and natural gas sales volumes and average prices attributable to the current and prior month distributions.
|Underlying Sales Volumes||Average Price|
|Oil||Natural Gas||Oil||Natural Gas|
|(Bbls)||(Mcf)||(per Bbl)||(per Mcf)|
Oil volumes were approximately 2,450 Bbls/D for the current month calculation period, which was consistent with the prior month. Average NYMEX oil prices decreased slightly from February to March 2013; however, average oil prices received for the production month of March 2013 increased as a result of the narrowing of basis differentials in the Permian Basin.