Sandridge Mississippian Trust II Announces Quarterly Distribution Ended December 31, 2013, Payable on or Before February 28, 2014; Announces Earnings and Production Results for the Three Month Period Ended December 31, 2013
The company announced earnings and production results for the three month period ended December 31, 2013. For the period, the company reported sales volumes of 490,000 MBoe.
For the period, the company reported royalty income of $24,905,000 and derivative settlements of $994,000. Distributable income available to unit holders was $24,160,000. Distributable income per unit (37,293,750 units issued and outstanding) was $0.568.