San Juan Basin Royalty Trust says $2 million Texas Bank credit line talks underway ahead of May 2027 maturity
Bitget2026/09/28 19:05- San Juan Basin Royalty Trust issued a response to investor inquiries, highlighting liquidity risk tied to its $2 million Texas Bank credit facility.
- Outstanding principal was about $1,075,400 as of Sept. 18, 2026; the facility matures May 21, 2027.
- Talks underway on an extension, renewal, or replacement; alternative funding under review, including other lenders, unit holders, private lenders.
- Trustee said unit holders cannot direct or veto Hilcorp’s capital program; it is monitoring spending under Hilcorp’s “prudent operator” obligation.
- National newswire distribution of monthly releases will resume starting with the October 2026 release.
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