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LL&E ROYALTY TRUST ANNOUNCES MONTHLY DISTRIBUTION

 HOUSTON, Nov. 25 ~PRNewswire~ -- LL&E Royalty Trust (NYSE: LRT) announced today that its monthly distribution to unit holders will be made on or before Dec. 17, 1992 to unit holders of record on Dec.. 7, 1992. This distribution represents amounts payable to the trust with respect to production for the month of September 1992. The total amount of the December distribution will be $944,357 or approximately $.04972 per unit.
 The working interest owner, has informed the trustee that calculations made, using the most recent reserve report, in accordance with escrow provisions within the trust documents indicate that it is permitted to place funds in escrow for all of the properties in which the trust has an interest. The total current estimated dismantlement cost for the Offshore Louisiana property of $2,500,000 has now been escrowed. (The trust's interest is equivalent to 90 percent of the net proceeds from Offshore Louisiana.) The working interest owner has informed the trustee that it has not elected to escrow any additional funds on any of the trust properties at this time. However, the working interest owner intends to continue to closely monitor each of the properties in which the trust has an interest for possible changes in relevant factors which may warrant a need for additional escrows.
 The extent of future distributions from the properties in which the Trust has an interest will continue to be dependent on normal factors associated with oil and gas operations such as oil and gas production levels, prices and associated costs and the timing and extent of capital expenditures.
 -0- 11~25~92
 ~CONTACT: Roark Ashie of First City, Texas-Houston, N.A., 713-658-7639, for LL&E Royalty Trust~
 (LRT)


CO: LL&E Royalty Trust ST: Texas IN: SU: DIV

PS -- NY029 -- 1508 11~25~92 12:30 EST
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Publication:PR Newswire
Date:Nov 25, 1992
Words:303
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