EX-23 3 d842393dex23.htm EX-23

Exhibit 23

March 2, 2015

San Juan Basin Royalty Trust

Compass Bank, Trustee

300 W. 7th St., Suite B

Fort Worth, Texas 76102

Ladies and Gentlemen:

Cawley, Gillespie & Associates, Inc. hereby consents to the use of the oil and gas reserve information in the San Juan Basin Royalty Trust Securities and Exchange Commission Form 10-K for the year ended December 31, 2014 and in the San Juan Basin Royalty Trust Annual Report for the year ended December 31, 2014 based on reserve reports prepared by Cawley, Gillespie & Associates, Inc. and dated March 2, 2015.

Sincerely,
/s/ Cawley, Gillespie & Associates, Inc.
CAWLEY, GILLESPIE & ASSOCIATES, INC.