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FREEPORT-MCMORAN ANNOUNCES JULY DISTRIBUTION

 FREEPORT-MCMORAN ANNOUNCES JULY DISTRIBUTION
 HOUSTON, July 21 /PRNewswire/ -- Freeport-McMoRan Oil and Gas


Royalty Trust (NYSE: FMR) announced today that the July distribution amount, to which unit holders of record on July 31, 1992, will be entitled, will be $617,114 or approximately $.04120 per unit. This amount will be paid to unit holders on Oct. 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- 7/21/92
 /CONTACT: Roark Ashie of First City, Texas-Houston, as trustee, 713-658-7639/
 (FMR) CO: Freeport-McMoRan Oil and Gas Royalty Trust ST: Texas IN: OIL SU: DIV


CK -- NY068 -- 1337 07/21/92 12:34 EDT
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Publication:PR Newswire
Date:Jul 21, 1992
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