DALLAS, Dec. 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
$0.36531 per unit, payable on December 29, 2005, to unit holders of record on
December 15, 2005.
Approximately $686,000.00 for 2005 ad valorem taxes is being deducted from
this month's distribution as compared to $485,000.00 for 2004. These payments
are normal expenditures at this time of year. Also, due to the timing of the
end of the month of November, approximately $298,000 of revenue received will
be posted in the following month of December in addition to normal receipts
during December.
This distribution reflects primarily the oil production for September 2005
and the gas production for August 2005. Preliminary production volumes are
approximately 46,815 barrels of oil and 460,180 mcf of gas. Preliminary
prices are approximately $59.59 per barrel of oil and $8.59 per mcf of gas.
For additional information 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
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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