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SandRidge Permian Trust Announces Quarterly Distribution and Distribution of Net Asset Sale Proceeds in August 2021

SandRidge Permian Trust Announces Quarterly Distribution and Distribution of Net Asset Sale Proceeds in August 2021
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SandRidge Permian Trust Announces Quarterly Distribution

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SANDRIDGE PERMIAN TRUST (OTC:PERS) today announced a quarterly distribution for the three-month period ended March 31, 2021 of approximately $1.5 million, or $0.028 per unit. This distribution relates in part to oil and gas production attributable to the Trust s royalty interests from December 1, 2020 to February 28, 2021, as well as to (1) a reimbursement by Montare Resources I, LLC ( Montare ) of a portion of property taxes attributable to assets sold by Avalon Energy, LLC ( Avalon ) to Montare in October 2020 and (2) the distribution Avalon received in March 2021 and returned to the Trust pursuant to the terms of the Repayment Agreement described below. The Trust makes distributions on a quarterly basis on or about the 60th day following the completion of each quarter. The distribution is expected to occur on or before May 28, 2021 to holders of record as of the close of business on May 14, 2021. ....

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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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