Pacific Coast Oil Trust Announces Monthly Net Profits Interest Calculations
Pacific Coast Oil Trust announced no cash distribution for July 2026 and warned the likelihood of future distributions is extremely remote given ARO deductions and its growing deficit. The Developed Properties net profits deficit widened to roughly $11.4 million, and the Trust now owes PCEC about $14.4 million, meaning asset-sale proceeds would go first to repay that debt. The jury returned a complete verdict in favor of PCEC in the Potyondy whistleblower trial, while a derivative suit against the Trustee proceeds toward a January 31, 2028 trial setting.
Key figures
- Trust debt to pcec
- 14400000
- Monthly distribution
- 0
- Monthly cash shortfall
- 228000
- Estimated aro total 2019
- 45695643
- Royalty interest proceeds
- 58000
- Developed properties revenue
- 2500000
- Developed net profits deficit
- 11400000
- Realized price developed per boe
- 68
- Realized price remaining per boe
- 64.04
- Developed properties operating income
- 306000
AI analysis
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