Mesa Royalty Trust Announces Trust Income for March 2018

HOUSTON–(BUSINESS WIRE)–Mesa Royalty Trust (NYSE:MTR) announced the Trust income distribution
for the month of March 2018. Unitholders of record on March 30, 2018
will receive distributions amounting to $0.115868464 per unit payable on
April 30, 2018. The Trust received $97,150 and $57,763 from the New
Mexico and Colorado portions, respectively, of the San Juan Basin
Properties. Royalty income received from the Hugoton Properties totaled
$84,530.

This press release contains forward-looking statements. Although
the working interest owners have advised the Trustee that the working
interest owners believe that the expectations contained in this press
release are reasonable, no assurances can be given that such
expectations will prove to be correct. The working interest owners alone
control historical operating data, and handle receipt and payment of
funds relating to the royalty properties and payments to the Trust for
the related royalty. The Trustee cannot assure that errors or
adjustments by the working interest owners, whether historical or
future, will not affect future royalty income and distributions by the
Trust. Other important factors that could cause these statements to
differ materially include delays in actual results of drilling
operations, risks inherent in drilling and production of oil and gas
properties, and other factors described in the Trust’s Form 10-K for the
year ended December 31, 2016 under “Item 1A. Risk Factors”. Statements
made in this press release are qualified by the cautionary statements
made in such risk factors. The Trust does not intend, and assumes no
obligations, to update any of the statements included in this press
release.

Contacts

Mesa Royalty Trust
The Bank of New York Mellon Trust Company,
N.A., as Trustee
Michael J. Ulrich, 512-236-6599
http://mtr.investorhq.businesswire.com/