
Distribution Announcement - Argent Trust Company declared a cash distribution of $0.584110 per unit for the Sabine Royalty Trust, payable on September 29, 2025, to unit holders of record on September 15, 2025 [1] Production and Revenue Details - The distribution reflects oil production for June 2025 and gas production for May 2025, with preliminary production volumes of approximately 97,403 barrels of oil and 1,181,086 Mcf of gas [2] - Preliminary prices for the current month are approximately $68.79 per barrel of oil and $2.40 per Mcf of gas [2] - This month's distribution is lower than the previous month due to a decrease in oil and natural gas production, as well as a decrease in pricing [3] Comparative Analysis - Current month production and pricing compared to the prior month: - Oil volumes decreased from 121,894 barrels to 97,403 barrels - Gas volumes decreased from 1,280,573 Mcf to 1,181,086 Mcf - Average oil price decreased from $69.53 to $68.79 per barrel - Average gas price decreased from $2.77 to $2.40 per Mcf [3] Revenue Posting Information - Revenues are distributed after being received, verified, and posted, with most energy companies issuing royalty payments around the 25th of each month [4] - Approximately $498,000 of revenue received in August will be posted in September, in addition to normal cash receipts [5]