Attached files
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| 8-K - CROSS TIMBERS ROYALTY TRUST | v194667_8k.htm |
EXHIBIT
99.1
[NEWS
RELEASE LETTERHEAD OF CROSS TIMBERS ROYALTY TRUST APPEARS HERE]
CROSS
TIMBERS ROYALTY TRUST
DECLARES
AUGUST CASH DISTRIBUTION
Dallas, Texas, August 20, 2010
– 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 $0.212268 per unit, payable on
September 15, 2010, to unitholders of record on August 31, 2010. The
following table shows underlying oil and gas sales and average prices
attributable to the current month and prior month distributions.
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Underlying
Sales
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Volumes
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Average
Price
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Oil
(Bbls)
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Gas
(Mcf)
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Oil
(per
Bbl)
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Gas
(per
Mcf)
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Current
Month
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17,000 | 165,000 | $ | 69.52 | $ | 6.65 | ||||||||||
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Prior
Month
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14,000 | 201,000 | $ | 69.58 | $ | 6.79 | ||||||||||
For more
information on the Trust, please visit our web site at www.crosstimberstrust.com.
* * *
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Contact:
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Nancy
G. Willis
Vice
President
U.S.
Trust, Bank of America
Private
Wealth Management,
Trustee
Toll
Free – 877-228-5084
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