Chesapeake Granite Wash Trust Announces Distribution of $0.0098 Per Common Unit

Chesapeake Granite Wash Trust (OTC Markets Group, Inc.:CHKR) (the “Trust”) today announced that its common unit distribution for the quarter ended March 31, 2024 (which primarily relates to production attributable to the Trust’s royalty interests from December 1, 2023 through February 29, 2024) will be $0.0098 per common unit. The distribution will be paid on May 30, 2024 to common unitholders of record at the close of business on May 20, 2024.

The following table provides supporting documentation for the calculation of distributable income available to unitholders for the production period from December 1, 2023 through February 29, 2024.

Sales volumes:
Oil (mbbl)		10
Natural gas (mmcf)		229
Natural gas liquids (mbbl)		18
Total oil equivalent volumes (mboe)		66
Average price received per production unit:(1)
Oil		$	72.21
Natural gas		$	0.92
Natural gas liquids