Pacific Coast Oil Trust ROYTL

Energy Oil & Gas E&P

Pacific Coast Oil Trust is a statutory trust formed by Pacific Coast Energy Company LP (PCEC). The Trust is engaged in acquiring and holding net profits and royalty interests in certain oil and natural gas properties located in California for the benefit of the Trust unitholders. The Underlying Properties consist of producing and non-producing interests in oil units, wells and lands located onshore in California in the Santa Maria Basin, which contains PCEC's Orcutt properties, and the Los Angeles Basin, which contains PCEC's West Pico, East Coyote and Sawtelle properties. The Santa Maria Basin consists primarily of oil reserves and prospects. Its East Coyote property consists of approximately 46 producing wells, and 14 waterflood injection wells.

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Pacific Coast Oil Trust

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Post by firstbahamason Oct 02, 2013 2:07pm

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Post# 21785138

Pacific Coast Oil Trust

Stock price was above 18.00 until the Secondary issue at 17.10 stock now down below 16
Are they selling it in to the market?
If their are no material changes this 12% yeading Oil Trust may be a buy at those level.

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