Item 2.02. Results of Operations and Financial Condition.

On February 24, 2020, the San Juan Basin Royalty Trust (the "Trust") issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing that Hilcorp Energy Company had provided the Trust with its 2020 Capital Expenditures Plan.

In accordance with general instruction B.2 to Form 8-K, the information in this Form 8-K shall be deemed "furnished" and not "filed" with the Securities and Exchange Commission for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise, subject to the liabilities of that section.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.



The following exhibits are filed in accordance with the provisions of Item 601
of Regulation S-K:



            Exhibit No.   Description

            99.1            Press Release, dated February 24, 2020.




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