San Juan Basin Royalty Trust [SJT]

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Company Overview

San Juan Basin Royalty Trust was established in November 1980 by Trust indenture between Southland Royalty and The Fort Worth National Bank. Pursuant to the indenture, Southland Royalty conveyed to the Trust a 75% net overriding royalty interest carved out of Southland Royalty’s oil and gas leasehold and royalty interest in the San Juan Basin of northwestern New Mexico. This net overriding royalty interest is the principal asset of the Trust.