Pacific Coast Oil Trust Announces Production and Earnings Results for the Month of May 2015
June 23, 2015 at 04:10 pm EDT
Pacific Coast Oil Trust announced production and earnings results for the month of May 2015. For the month, the company reported net profits amount from the Developed Properties was approximately $1.7 million. The current month's capital expenditures for the Developed Properties were lower by $0.3 million compared to prior month.
Average daily production from the developed properties was 97,064 Boe and from remaining properties was 27,644 Boe for the month of May 2015.