Enduro Royalty Trust Provides Updated Tax Information

AUSTIN, Texas--()--Enduro Royalty Trust (NYSE: NDRO) (the “Trust”) today announced that it has published a revised 2014 tax information booklet on the Trust’s website. The tax information booklet has been revised from the previous version, which was made available to investors on March 9, 2015. The revision was necessary to correct Part A of the depletion worksheet, which assists investors with determining the appropriate depletion deduction for 2014. The previous version of Part A of the depletion worksheet provided Texas, Louisiana, and New Mexico cost and percentage depletion factors for the month of January only as opposed to the full year.

The following table provides details of the revision:

      Cost Depletion Factor       Percentage Depletion per Unit
      Original     As Revised       Original     As Revised
Texas     0.005757     0.043871       0.008678     0.064586
Louisiana     0.010996     0.060460       0.003496     0.023420
New Mexico     0.010461     0.072853       0.007338     0.053079
Federal     0.056319     0.056319       0.019511     0.141085
                 

There were no revisions to any other portion of the tax information booklet.

Tax Inquiries

Investors may direct any inquiries regarding the tax information provided to the Trust’s tax information line at (512) 236-6545.

About Enduro Royalty Trust

Enduro Royalty Trust is a Delaware statutory trust formed by Enduro Resource Partners to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain of Enduro Resource Partners’ properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission, the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.enduroroyaltytrust.com.

Cautionary Statements

An investment in units issued by Enduro Royalty Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2014, filed with the SEC on March 12, 2015. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.

Contacts

Enduro Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell, 1 512-236-6555

Release Summary

Enduro Royalty Trust Provides Updated Tax Information

Contacts

Enduro Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell, 1 512-236-6555