Enduro Royalty Trust Provides Updated Tax Information
March 26 2015 - 7:09PM
Business Wire
Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced
that it has published a revised 2014 tax information booklet on the
Trust’s website. The tax information booklet has been revised from
the previous version, which was made available to investors on
March 9, 2015. The revision was necessary to correct Part A of the
depletion worksheet, which assists investors with determining the
appropriate depletion deduction for 2014. The previous version of
Part A of the depletion worksheet provided Texas, Louisiana, and
New Mexico cost and percentage depletion factors for the month of
January only as opposed to the full year.
The following table provides details of the revision:
Cost Depletion Factor
Percentage Depletion per Unit
Original As Revised
Original As Revised Texas
0.005757 0.043871
0.008678 0.064586 Louisiana 0.010996
0.060460 0.003496
0.023420 New Mexico 0.010461 0.072853
0.007338 0.053079 Federal
0.056319 0.056319
0.019511 0.141085
There were no revisions to any other portion of the tax
information booklet.
Tax Inquiries
Investors may direct any inquiries regarding the tax information
provided to the Trust’s tax information line at (512) 236-6545.
About Enduro Royalty Trust
Enduro Royalty Trust is a Delaware statutory trust formed by
Enduro Resource Partners to own a net profits interest representing
the right to receive 80% of the net profits from the sale of oil
and natural gas production from certain of Enduro Resource
Partners’ properties in the states of Texas, Louisiana and New
Mexico. As described in the Trust’s filings with the Securities and
Exchange Commission, the amount of the periodic distributions is
expected to fluctuate, depending on the proceeds received by the
Trust as a result of actual production volumes, oil and gas prices,
the amount and timing of capital expenditures, and the Trust’s
administrative expenses, among other factors. Future distributions
are expected to be made on a monthly basis. For additional
information on the Trust, please visit
www.enduroroyaltytrust.com.
Cautionary Statements
An investment in units issued by Enduro Royalty Trust is subject
to the risks described in the Trust’s filings with the SEC,
including the risks described in the Trust’s Annual Report on Form
10-K for the year ended December 31, 2014, filed with the SEC on
March 12, 2015. The Trust’s quarterly and other filed reports are
or will be available over the Internet at the SEC’s website at
http://www.sec.gov.
Enduro Royalty TrustThe Bank of New York Mellon Trust Company,
N.A., as TrusteeSarah Newell, 1 512-236-6555
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