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Hugoton Royalty Trust Declares January Cash Distribution.

PR Newswire

| January 19, 2007 | COPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

DALLAS, Jan. 19 /PRNewswire-FirstCall/ -- Bank of America, N.A., as Trustee of the Hugoton Royalty Trust , today declared a cash distribution to the holders of its units of beneficial interest of $0.144052 per unit, payable on February 14, 2007, to unitholders of record on January 31, 2007. The following table shows underlying gas sales and average prices attributable to the current month and prior month distributions. Underlying gas sales volumes attributable to the current month distribution were primarily produced in November.

 
                                   Underlying Gas Sales 
                                     Volumes (Mcf)(a)        Average Gas 
                                  Total            Daily    Price per Mcf 
 
  Current Month Distribution    2,383,000         79,000        $6.25 
 
  Prior Month Distribution      2,531,000        ...

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