Breaking News

World Health Organization Declares Nigeria Ebola-Free
Tweet TWEET

Enduro Royalty Trust Announces Monthly Cash Distribution

  Enduro Royalty Trust Announces Monthly Cash Distribution

Business Wire

AUSTIN, Texas -- November 19, 2012

Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) announced today a cash
distribution to the holders of its units of beneficial interest of $0.160896
per unit, payable on December 14, 2012, to unitholders of record on November
30, 2012. The distribution primarily represents oil production during the
month of August 2012 and natural gas production during July 2012.

The following table displays underlying oil and natural gas sales volumes and
average prices attributable to the current month and prior month
distributions.

                 Underlying Sales Volumes    Average Price
                    Oil          Natural Gas       Oil           Natural Gas
                                                            
                    (Bbls)       (Mcf)             (per Bbl)     (per Mcf)
Current Month       83,573       927,143           $  86.24      $    2.85
Prior Month         79,184       918,802           $  81.62      $    2.49
                                                                      

Capital expenditures for the properties underlying the Trust during the period
were approximately $0.6 million and proceeds from the settlement of applicable
hedge contracts were approximately $1.1 million.

Enduro Royalty Trust is a Delaware statutory trust formed by Enduro Resource
Partners to own a net profits interest representing the right to receive 80%
of the net profits from the sale of oil and natural gas production from
certain of Enduro Resource Partners’ properties in the states of Texas,
Louisiana and New Mexico. As described in the Trust’s filings with the
Securities and Exchange Commission, the amount of the periodic distributions
is expected to fluctuate, depending on the proceeds received by the Trust as a
result of actual production volumes, oil and gas prices and the amount and
timing of the Trust’s administrative expenses, among other factors. Future
distributions are expected to be made on a monthly basis. For additional
information on the Trust, please visit www.enduroroyaltytrust.com.

This press release contains statements that are “forward-looking statements”
within the meaning of Section 21E of the Securities Exchange Act of 1934, as
amended. All statements contained in this press release, other than statements
of historical facts, are “forward-looking statements” for purposes of these
provisions. These forward-looking statements include the amount and date of
any anticipated distribution to unitholders. The anticipated distribution is
based, in part, on the amount of cash received or expected to be received by
the Trust from Enduro Resource Partners with respect to the relevant period.
Any differences in actual cash receipts by the Trust could affect this
distributable amount. Other important factors that could cause actual results
to differ materially include expenses of the Trust and reserves for
anticipated future expenses. Statements made in this press release are
qualified by the cautionary statements made in this press release. Neither
Enduro Resource Partners nor the Trustee intends, and neither assumes any
obligation, to update any of the statements included in this press release. An
investment in units issued by Enduro Royalty Trust is subject to the risks
described in the Trust’s filings with the SEC. The Trust’s quarterly and other
filed reports are or will be available over the Internet at the SEC’s website
at http://www.sec.gov.

Contact:

Enduro Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Mike Ulrich, 1-800-852-1422
 
Press spacebar to pause and continue. Press esc to stop.