Pacific Coast Oil Trust (ROYTL)

Overview

Pacific Coast Oil Trust, founded in 2012 and headquartered in Houston, Texas, is dedicated to acquiring and managing net profits and royalty interests in oil and natural gas properties primarily located within California. The trust specializes in assets situated in significant oil-producing regions such as the Santa Maria and the Los Angeles Basins, focusing on the Orcutt, West Pico, East Coyote, and Sawtelle properties. As of the end of 2018, Pacific Coast Oil Trust reported having proven reserves totaling 19.0 million barrels of oil equivalent, highlighting its significant presence in the sector and the potential for future revenue generation from its hydrocarbon resources.

Products and Services

• Net Profits Interests

  These are financial arrangements that provide Pacific Coast Oil Trust with a percentage of the net profits from the oil and natural gas properties it holds. This model allows for a direct share in the profitability of the exploration and production activities without bearing the operational responsibilities or costs.

• Royalty Interests

  Through royalty interests, Pacific Coast Oil Trust earns revenue from the production of oil and natural gas without the obligation to cover any expenses related to the production process. These interests ensure a steady income stream from the extracted hydrocarbons, proportional to the quantity and market price of the oil and gas produced.

• Proven Reserves

  The company's significant proven reserves of 19.0 million barrels of oil equivalent as of December 31, 2018, represent a substantial asset. These proven reserves include oil and gas that have been discovered, confirm their commercial viability, and can be produced with current technology under existing economic conditions. This underlines the trust's strong foundation and potential for future earnings and growth.