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FREEPORT-MCMORAN OIL AND GAS ROYALTY TRUST ANNOUNCES JANUARY DISTRIBUTION AMOUNT

 FREEPORT-MCMORAN OIL AND GAS ROYALTY TRUST
 ANNOUNCES JANUARY DISTRIBUTION AMOUNT
 HOUSTON, Jan. 21 /PRNewswire/ -- Freeport-McMoRan Oil and Gas Royalty Trust (NYSE: FMR) announced today that the January distribution amount, to which unit holders of record on Jan. 31, 1992, will be entitled, will be $10,044,621 or approximately $0.67074 per unit.
 This distribution includes $9.3 million or approximately $.62 per unit related to the recent settlement with a natural gas purchaser as previously announced. This amount will be paid to unit holders on April 10, 1992, the regular quarterly payment date.
 This monthly distribution is not necessarily indicative of future monthly distribution amounts, which will depend on future costs incurred and revenues received.
 -0- 1/21/92
 /CONTACT: Roark Ashie of First City-Houston, N.A., as trustee, 713-658-7639, for Freeport-McMoRan Oil and Gas Royalty Trust/
 (FMR) CO: Freeport-McMoRan Oil and Gas Royalty Trust ST: Texas IN: OIL SU: DIV


CK -- NY084 -- 1885 01/21/92 13:12 EST
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Publication:PR Newswire
Date:Jan 21, 1992
Words:161
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