Item 2.02 Results of Operations and Financial Condition.
On April 20, 2009, the San Juan Basin Royalty Trust (the "Trust") issued a press release (the "Press Release"), a copy of which is attached hereto as Exhibit 99.1, announcing, among other things, a monthly cash distribution to the holders of its units of beneficial interest of $286,391.63 or $0.006145 per unit, based principally upon production during the month of February 2009. Item 8.01 Other Events.
The Press Release issued by the Trust also announced that Burlington Resources Oil & Gas Company LP ("BROG"), the operator of the properties from which the Trust's royalty is carved (the "Underlying Properties"), entered into four new contracts effective April 1, 2009 for the sale of all gas produced from the Underlying Properties (other than the gas covered by the pre-existing contract with New Mexico Gas Company, Inc.). The purchasers under the new contracts are Chevron Natural Gas, a division of Chevron, USA, Inc., Pacific Gas and Electric Company, BP Energy Company and Macquarie Cook Energy LLC. All of the new contracts as well as the New Mexico Gas Company contract provide for
(i) the delivery of such gas at various delivery points through March 31, 2011 and from year-to-year thereafter, until terminated by either party on 12 months' notice; and (ii) the sale of such gas at prices which fluctuate in accordance with the published indices for gas sold in the San Juan Basin of northwestern New Mexico. Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

99.1 Press release, dated April 20, 2009.

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.

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