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LL&E ROYALTY TRUST ANNOUNCES APRIL DISTRIBUTION

 LL&E ROYALTY TRUST ANNOUNCES APRIL DISTRIBUTION
 HOUSTON, March 24 /PRNewswire/ -- The trustee of LL&E Royalty Trust


(NYSE: LRT) announced today that The Louisiana Land and Exploration Company intends to release from escrow approximately $700,000 escrowed from the Fort Worth Basin property in connection with the longstanding issue of potential recapture of intangible drilling and development costs under the Internal Revenue Code. The trustee expects to be able to distribute this amount (approximately $0.03685 per unit) as part of the trust's regular April distribution to unit holders.
 -0- 3/24/92
 /CONTACT: Roark Ashie of First City, Texas-Houston N.A., as trustee, 713-658-7639/
 (LRT) CO: LL&E Royalty Trust ST: Texas IN: OIL SU:


TQ -- NY053 -- 1203 03/24/92 15:28 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 24, 1992
Words:126
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