ROYT Dividend History & Description — Pacific Coast Oil Trust
Pacific Coast Oil Trust is a statutory trust formed among Pacific Coast Energy Company LP (PCEC), as trustor, The Bank of New York Mellon Trust Company, N.A., as trustee, and Wilmington Trust, National Association, as Delaware trustee. Co. acquires and holds net profits and royalty interests in certain oil and natural gas properties located in California for the benefit of Co.'s unitholders. PCEC conveyed to Co. the net profits interests and a royalty interest in certain oil and natural gas properties located onshore in California (the Underlying Properties). As of Dec 31 2016, the Underlying Properties had proved reserves of 13.3 million barrels of oil equivalent.