Martindale

Pacific Coast Oil Trust Announces There Will Be No October Cash Distribution

Retrieved on: 
Friday, October 27, 2023
Oil, Gas, Energy, Bank, Federal district, Face, Connection, Court, Form 8-K, COVID-19, United States district court, Retirement, Phillips, Cornerstone, Calendar, Sale, ARO, Consultant, County, Business analyst, Internet, Evergreen, Marketing, Panel, Hand, Net, Report, Martindale, Motion, Security (finance), Phillips 66, Bank statement, Moss Adams, Transport, Conveyance, Special, Hearing, Letter, Accounting Standards Codification, California superior courts, Trustee, Prejudice, State, Superior court, Annual report, Barrel (unit), Life insurance, Cryptocurrency, Insurance, Trust

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Pacific Coast Oil Trust Announces There Will Be No September Cash Distribution

Retrieved on: 
Tuesday, September 19, 2023
Oil, Gas, Energy, Superior court, Barrel (unit), Internet, Motion, Retirement, Court, Accounting Standards Codification, Transport, Phillips 66, Prejudice, Form 8-K, Face, Conveyance, Moss Adams, ARO, Consultant, Panel, Hearing, Security (finance), Trustee, California superior courts, County, Net, State, Evergreen, Interest, United States district court, Business analyst, COVID-19, Federal district, Phillips, Annual report, Connection, Probability, Bank statement, Calendar, Bangladesh Securities and Exchange Commission, Sale, Report, Special, Bank, Martindale, Cryptocurrency, Life insurance, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • As a result, the total proceeds received by the Trust in each of 2020 and 2021 were less than $2.0 million.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Pacific Coast Oil Trust Announces There Will Be No August Cash Distribution

Retrieved on: 
Wednesday, August 23, 2023
Oil, Gas, Energy, Superior court, Accounting standard, Internet, Motion, Retirement, Court, Accounting Standards Codification, Transport, Phillips 66, Prejudice, Form 8-K, Face, Conveyance, Moss Adams, ARO, Consultant, Panel, Hearing, Security (finance), Trustee, California superior courts, County, Net, Evergreen, Interest, Business analyst, COVID-19, Phillips, Annual report, Connection, Probability, Bank statement, Calendar, Sale, Report, Martindale, Cryptocurrency, Life insurance, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • As a result, the total proceeds received by the Trust in each of 2020 and 2021 were less than $2.0 million.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.

Pacific Coast Oil Trust Announces There Will Be No July Cash Distribution

Retrieved on: 
Monday, July 31, 2023
Oil, Gas, Energy, Superior court, Accounting standard, Internet, Motion, Retirement, Court, Accounting Standards Codification, Transport, Phillips 66, Prejudice, Form 8-K, Face, Conveyance, Moss Adams, ARO, Consultant, Panel, Security (finance), Trustee, California superior courts, County, Net, Evergreen, Interest, Business analyst, COVID-19, Phillips, Annual report, Connection, Probability, Bank statement, Calendar, Sale, Report, Martindale, Cryptocurrency, Life insurance, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • As a result, the total proceeds received by the Trust in each of 2020 and 2021 were less than $2.0 million.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.

Pacific Coast Oil Trust Announces There Will Be No June Cash Distribution

Retrieved on: 
Thursday, June 29, 2023
Energy, Other Energy, Oil, Gas, Superior court, Accounting standard, Internet, Motion, Retirement, Court, Accounting Standards Codification, Transport, Phillips 66, Prejudice, Form 8-K, Face, Conveyance, Moss Adams, ARO, Consultant, Panel, Security (finance), Trustee, California superior courts, County, Net, Evergreen, Interest, Business analyst, COVID-19, Phillips, Annual report, Connection, Probability, Bank statement, Calendar, Sale, Report, Martindale, Cryptocurrency, Life insurance, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • As a result, the total proceeds received by the Trust in each of 2020 and 2021 were less than $2.0 million.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.

Pacific Coast Oil Trust Announces There Will Be No May Cash Distribution

Retrieved on: 
Wednesday, May 31, 2023
Oil, Gas, Energy, Superior court, Accounting standard, Internet, Motion, Retirement, Court, Accounting Standards Codification, Transport, Phillips 66, Prejudice, Form 8-K, Face, Conveyance, Moss Adams, ARO, Consultant, Panel, Security (finance), Trustee, California superior courts, County, Net, Evergreen, Interest, Business analyst, COVID-19, Phillips, Annual report, Connection, Probability, Bank statement, Calendar, Sale, Report, Martindale, Cryptocurrency, Life insurance, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • As a result, the total proceeds received by the Trust in each of 2020 and 2021 were less than $2.0 million.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.

Pacific Coast Oil Trust Announces There Will Be No April Cash Distribution

Retrieved on: 
Friday, April 28, 2023
Oil, Gas, Energy, Superior court, Accounting standard, Internet, Motion, Retirement, Court, Accounting Standards Codification, Transport, Phillips 66, Prejudice, Form 8-K, Face, Conveyance, Moss Adams, ARO, Consultant, Panel, Security (finance), Trustee, California superior courts, County, Net, Evergreen, Interest, Business analyst, COVID-19, Phillips, Annual report, Connection, Probability, Bank statement, Calendar, Sale, Report, Martindale, Life insurance, Risk management, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • As a result, the total proceeds received by the Trust in each of 2020 and 2021 were less than $2.0 million.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.

Pacific Coast Oil Trust Announces There Will Be No March Cash Distribution

Retrieved on: 
Friday, March 31, 2023
Oil, Gas, Energy, Superior court, Accounting standard, Internet, Motion, Retirement, Court, Accounting Standards Codification, Transport, Phillips 66, Prejudice, Form 8-K, Face, Conveyance, Moss Adams, ARO, Consultant, Panel, Security (finance), Trustee, California superior courts, County, Net, Evergreen, Interest, Business analyst, COVID-19, Phillips, Annual report, Connection, Bank statement, Calendar, Sale, Report, Martindale, Life insurance, Risk management, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • As a result, the total proceeds received by the Trust in each of 2020 and 2021 were less than $2.0 million.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.

Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution

Retrieved on: 
Tuesday, February 28, 2023
Oil, Gas, Energy, Conveyance, WG, Business analyst, Connection, Motion, COVID-19, Transport, Accounting standard, Accounting Standards Codification, Retirement, Court, Face, Trustee, Evergreen, California superior courts, Sale, Net, Interest, Report, Moss Adams, East Coyote Hills, Internet, Bank statement, Phillips, Consultant, Martindale, Superior court, Annual report, ARO, Prejudice, Panel, Phillips 66, Calendar, County, Cryptocurrency, Life insurance, Risk management, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.

Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution

Retrieved on: 
Tuesday, January 31, 2023
Oil, Gas, Energy, Bank statement, Business analyst, Panel, Conveyance, Consultant, Prejudice, Net, Annual report, Moss Adams, Interest, Calendar, Accounting Standards Codification, Report, Trustee, Accounting standard, Phillips, Superior court, Phillips 66, County, Transport, Retirement, Face, Sale, ARO, Evergreen, Court, COVID-19, Motion, Martindale, Internet, Connection, California superior courts, Life insurance, Risk management, Trust

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • As a result, the total proceeds received by the Trust in each of 2020 and 2021 were less than $2.0 million.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).