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

Bullboard Posts

Post by novascotian2014on Jul 01, 2015 7:47pm

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Post# 23885092

Is this Trust Good for Canadians

Could be a GREAT Opportunity..Trying to Fully Figure this one..But I Do Like what I see if I Correctly Read what this Trust is all About..Unsure how it will affect Canadian Income Tax..

Bullboard Posts

This profitable gold stock is on its way up