FREEPORT-MCMORAN OIL AND GAS ROYALTY TRUST ANNOUNCES MONTHLY DISTRIBUTION
FREEPORT-MCMORAN OIL AND GAS ROYALTY TRUST
ANNOUNCES MONTHLY DISTRIBUTION
HOUSTON, March 20 /PRNewswire/ -- Freeport-McMoRan Oil and Gas Royalty Trust (NYSE: FMR) announced today that the March distribution amount, to which unit holders of record on March 31, 1992 will be entitled, will be $645,439 or approximately $.04310 per unit. 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.
/CONTACT: Roark Ashie of First City, Texas-Houston, N.A., as trustee, 713-658-7639/
(FMR) CO: Freeport-McMoRan Oil and Gas Royalty Trust ST: Texas IN: OIL SU: DIV SM -- NY055 -- 0138 03/20/92 13:25 EST