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ROYTL - No May distribution from Pacific Coast Oil Trust
Pacific Coast Oil Trust Units of Beneficial Interest
2023-06-01 06:35:31 ET
Pacific Coast Oil Trust ( OTC:ROYTL ) has announced that there will be no cash distribution to the holders of its units of beneficial interest of record on May 31, 2023 based on the Trust’s calculation of net profits generated during March 2023.
The current month’s distribution calculation for the developed properties resulted in an operating loss of approximately $67,000.