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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950134-02-007077.txt : 20020612
<SEC-HEADER>0000950134-02-007077.hdr.sgml : 20020612
<ACCEPTANCE-DATETIME>20020611184503
ACCESSION NUMBER:		0000950134-02-007077
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20020611
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20020612

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SAN JUAN BASIN ROYALTY TRUST
		CENTRAL INDEX KEY:			0000319655
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL ROYALTY TRADERS [6792]
		IRS NUMBER:				756279898
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08032
		FILM NUMBER:		02676790

	BUSINESS ADDRESS:	
		STREET 1:		BANK ONE TEXAS N A TRUST
		CITY:			FT WORTH
		STATE:			TX
		ZIP:			76113
		BUSINESS PHONE:		8178844630

	MAIL ADDRESS:	
		STREET 1:		1600 BANK ONE TOWER
		STREET 2:		500 THROCKMORTON
		CITY:			FORT WORTH
		STATE:			TX
		ZIP:			76102-3899
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d97661e8vk.txt
<DESCRIPTION>FORM 8-K
<TEXT>
<PAGE>
- --------------------------------------------------------------------------------

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   ----------




                                    FORM 8-K
                                 CURRENT REPORT

                         PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

         DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): JUNE 11, 2002


                                   ----------

                          SAN JUAN BASIN ROYALTY TRUST
             (Exact name of Registrant as specified in its charter)


<Table>
<S>                                                <C>                                  <C>
                   Texas                                    1-8032                            75-6279898
              (State or other                      (Commission File Number)                (I.R.S. Employer
       jurisdiction of incorporation)                                                   Identification Number)

      Bank One N.A., Trust Department
               P.O. Box 2604                                                                     76113
             Fort Worth, Texas                                                                (Zip code)
           (Address of principal
             executive offices)
</Table>

       Registrant's telephone number, including area code: (817) 884-4630

                                 NOT APPLICABLE
          (Former name or former address, if changed since last report)

- --------------------------------------------------------------------------------

<PAGE>

ITEM 5. OTHER EVENTS.

         On June 11, 2002, Bank One, N.A. (the "Trustee") of the San Juan Basin
Royalty Trust (the "Trust") submitted a notice to the Unitholders of the Trust
of the Trustee's resignation. A copy of the Trustee's notice to Unitholders is
attached hereto as Exhibit 99.1.

         In addition, on June 11, 2002, the Trust issued a press release, a copy
of which is attached hereto as Exhibit 99.2, announcing that the Trustee
submitted notice of its resignation to the Unitholders.


ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

        99.1 Trustee's Notice of Resignation, dated June 11, 2002.
        99.2 Press release, dated June 11, 2002.



<PAGE>


                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                            BANK ONE, N.A., AS TRUSTEE FOR THE
                                            SAN JUAN BASIN ROYALTY TRUST
                                            (Registrant)



                                            By:      /s/ Lee Ann Anderson
                                                --------------------------------
                                                     Lee Ann Anderson
                                                     Vice President

Date: June 11, 2002


               (The Trust has no directors or executive officers.)
<PAGE>
                                 EXHIBIT INDEX

<Table>
<Caption>

EXHIBIT
NUMBER                             DESCRIPTION
- ------                             -----------

<S>           <C>
 99.1         Trustee's Notice of Resignation, dated June 11, 2002.
 99.2         Press release, dated June 11, 2002.
</Table>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>d97661exv99w1.txt
<DESCRIPTION>TRUSTEE'S NOTICE OF RESIGNATION
<TEXT>
<PAGE>
                                                                    EXHIBIT 99.1


                           [Bank One, N.A. Letterhead]



June 11, 2002



To Unit Holders:                                             VIA REGISTERED MAIL

         Notice is hereby given that Bank One, N.A. (the "Trustee" or "Bank
One") will be resigning as Trustee of the San Juan Basin Royalty Trust (the
"Trust"). This letter serves as the written notice of the Trustee's resignation
as required by Section 6.03 of the San Juan Basin Royalty Trust Indenture, dated
November 1, 1980 (the "Indenture"). Bank One has concluded that the
administration of royalty trusts is not core to its long-term strategy. Bank
One's resignation will take effect within 45 days following the appointment of a
successor trustee.

         The Indenture obligates the resigning Trustee to use its best efforts
to nominate a successor trustee, to call a meeting of Unit Holders for the
purpose of approving a successor trustee and to solicit proxies for such
meeting. Accordingly, the Trustee will nominate a successor trustee and will be
calling a special meeting of the Unit Holders for the purpose of approving a
successor trustee. All Unit Holders of record as of the record date for the
special meeting will receive a notice of special meeting and proxy materials in
the mail detailing the matters to be voted on at the special meeting as well as
the time and location of that meeting.

         If you have any questions regarding this notice of resignation, please
contact the Trustee at the following address:

                             Bank One, N.A., Trustee
                         Post Office Box 2604, TX1-1306
                             Fort Worth, Texas 76113
                             Attn: Lee Ann Anderson



                                       Sincerely,

                                       Bank One, N.A., as Trustee of the
                                       San Juan Basin Royalty Trust

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>4
<FILENAME>d97661exv99w2.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
<PAGE>
                                                                    EXHIBIT 99.2


                                                                    NEWS RELEASE





SAN JUAN BASIN ROYALTY TRUST
ANNOUNCES RESIGNATION OF TRUSTEE


         FORT WORTH, Texas, June 11, 2002 -- San Juan Basin Royalty Trust
announced today that Bank One, N.A. will be resigning as Trustee of the Trust.
Bank One has concluded that the administration of royalty trusts is not core to
its long-term strategy. Bank One's resignation will take effect within 45 days
following the appointment of a successor trustee.

         In accordance with the terms of the San Juan Basin Royalty Trust
Indenture, the Trustee will nominate a successor and will call a meeting of the
unit holders for the purpose of approving a successor trustee. All unit holders
of record as of the record date for the special meeting will be sent a notice of
special meeting and proxy materials detailing the matters to be voted on at the
special meeting as well as the time and location of that meeting.

         San Juan Basin Royalty Trust is a grantor royalty trust, the principal
asset of which is a 75% net overriding royalty interest carved out of certain
oil and gas leasehold and royalty interests in the San Juan Basin located in San
Juan, Rio Arriba and Sandoval Counties of northwestern New Mexico. Certain of
those properties are operated by Burlington Resources Oil & Gas Company L.P.


Contact:          Kaye Wilke, Investor Relations, toll-free: (866) 809-4553
                  Website: www.sjbrt.com
                  e-mail: sjbrt@bankone.com
                  NYSE Ticker Symbol: SJT

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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