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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.


GREY:ROYTL - Post by User

Pacific Coast Oil Trust
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Comment by ganja50on Sep 23, 2015 10:17pm
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Post# 24130263

RE:Is this Trust Good for Canadians

RE:Is this Trust Good for CanadiansI'm in for 20,000 shs so far, probably more later.  Company was distributing well over .40 at $52 oil, so if we get $60-$75 the yield should be extremely strong.  Also like the fact that that there is no debt and that it produces at very low cost.  
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities