DALLAS, Oct. 5 /PRNewswire-FirstCall/ -- Bank of America, N.A., Dallas,
Texas, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a
cash distribution to the holders of its units of beneficial interest of
$0.26336 per unit, payable on October 29, 2004, to unit holders of record on
October 15, 2004.
Due to the timing of the end of the month of September, approximately
$141,000 of revenue received will be posted in the following month of October
in addition to normal receipts during October. This distribution reflects
primarily the oil production for July 2004 and the gas production for June
2004. Preliminary production volumes are approximately 33,000 barrels of oil
and 449,000 mcf of gas. Preliminary prices are approximately $38.96 per
barrel of oil and $4.86 per mcf of gas.
For more information, including the latest financial reports on Sabine
Royalty Trust, please visit our website at http://www.sbr-sabineroyalty.com/ .
SOURCE Sabine Royalty Trust
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Related links:
http://www.sbr-sabineroyalty.com
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http://www.prnewswire.com/comp/118881.html
CONTACT:
Ron E. Hooper, Senior Vice President of Bank
of America, N.A., +1-800-365-6541, for Sabine Royalty Trust
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