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SAN JUAN BASIN ROYALTY TRUST DECLARES CASH DISTRIBUTION

 SAN JUAN BASIN ROYALTY TRUST DECLARES CASH DISTRIBUTION
 FORT WORTH, Texas, June 19 /PRNewswire/ -- Team Bank, as Trustee of


the San Juan Basin Royalty Trust (NYSE: SJT), today declared a cash distribution to the holders of its units of beneficial interest of $.290155 per unit, payable July 15, 1992, to unit holders of record on June 30, 1992. Approximately $11,871,200 of the amount to be distributed relates to the Trust's portion of the third and final payment of a settlement announced on March 2, 1990, between Southland Royalty Company, Gas Company of New Mexico (a division of Public Service Company of New Mexico) and Sunterra Gas Gathering Company and interest earned thereon.
 -0- 6/19/92
 /CONTACT: Lee Ann Anderson, vice president and trust officer, Team Bank, 817-884-4630/
 (SJT) CO: San Juan Basin Royalty Trust ST: Texas IN: OIL SU: DIV


SH -- NY033 -- 1903 06/19/92 11:58 EDT
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Publication:PR Newswire
Date:Jun 19, 1992
Words:152
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