Chesapeake Granite Wash Trust Announces Distribution Of $0.0371 Per Common Unit
CHESAPEAKE GRANITE WATR (CHKR)
US:NYSE Investor Relations:
chkgranitewashtrust.com/investors/pages/information.html
Company Research
Source: PR Newswire
HOUSTON, Feb. 5, 2020 /PRNewswire/ -- Chesapeake Granite Wash Trust (NYSE: CHKR) (the "Trust") today announced that its common unit distribution for the quarter ended December 31, 2019 (which primarily relates to production attributable to the Trust's royalty interests from September 1, 2019 through November 30, 2019) will be $0.0371 per common unit. The distribution will be paid on March 2, 2020 to common unitholders of record at the close of business on February 19, 2020.The following table provides supporting documentation, as provided by Chesapeake Energy Corporation ("Chesapeake") to the Trust, for the calculation of distributable income available to unitholders for the production period from September 1, 2019 through November 30, 2019.Sales volumes:Oil (mbbl)20Natural gas (mmcf)511Natural gas liquids (mbbl)42 Total oil equivalent volumes (mboe)147Average price received per production unit:(1)Oil$51.06Natural gas$0.81Natural gas liquids$14.17Distributable income calculation (
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