Latest Breaking News On - February distribution - Page 1 : comparemela.com

Share: SANDRIDGE PERMIAN TRUST (OTC:PERS) today announced a quarterly distribution for the three-month period ended March 31, 2021 of approximately $1.5 million, or $0.028 per unit. This distribution relates in part to oil and gas production attributable to the Trust s royalty interests from December 1, 2020 to February 28, 2021, as well as to (1) a reimbursement by Montare Resources I, LLC ( Montare ) of a portion of property taxes attributable to assets sold by Avalon Energy, LLC ( Avalon ) to Montare in October 2020 and (2) the distribution Avalon received in March 2021 and returned to the Trust pursuant to the terms of the Repayment Agreement described below. The Trust makes distributions on a quarterly basis on or about the 60th day following the completion of each quarter. The distribution is expected to occur on or before May 28, 2021 to holders of record as of the close of business on May 14, 2021.

New yorkUnited statesState of delawareNational association wafedSandridge permianMontare resourcesQuarterly report on formExchange commissionYork mellon trust companyOil mbblWashington federal bankDelaware statutory trustCompany distribution amountSecurities exchangeCurrent report on formAvalon energy