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

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

Business Wire

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HOUSTON--(BUSINESS WIRE)--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 cash distribution to the holders of its units of beneficial interest of record on March 28, 2024 based on the Trust’s calculation of net profits generated during January 2024 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). As further d

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