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Pacific Coast Oil Trust Announces There Will Be No September Cash Distribution

PACIFIC COAST OIL TRUST (OTC–ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no ....

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Pacific Coast Oil Trust Announces There Will Be No May Cash Distribution

Press release content from Business Wire. The AP news staff was not involved in its creation. ....

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Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution

Press release content from Business Wire. The AP news staff was not involved in its creation.
Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution
February 25, 2021 GMT
HOUSTON (BUSINESS WIRE) Feb 25, 2021
PACIFIC COAST OIL TRUST (OTC Pink: ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on February 26, 2021 based on the Trust’s calculation of net profits generated during December 2020 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). If the Trust continues to receive insufficient monthly income from its net profits interests and overriding royalty interest, the Trust is expected to terminate by its terms by the end of 2021. As described further below, based on information from PCEC, the ....

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Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution

Press release content from Business Wire. The AP news staff was not involved in its creation.
Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution
January 15, 2021 GMT
HOUSTON (BUSINESS WIRE) Jan 15, 2021
PACIFIC COAST OIL TRUST (OTC Pink: ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on January 25, 2021 based on the Trust’s calculation of net profits generated during November 2020 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). If the Trust continues to experience negative monthly net profits, the Trust is expected to terminate by its terms by the end of 2021. As described further below, based on information from PCEC, the likelihood of distributions to the unitholders in the foreseea ....

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