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Pacific Coast Oil Trust Initiates Independent Investigation

Story Highlights
  • Pacific Coast Oil Trust addresses unitholder concerns about well count discrepancies.
  • The Trust is conducting an independent investigation to ensure financial statement accuracy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pacific Coast Oil Trust Initiates Independent Investigation

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An announcement from Pacific Coast Oil Trust ( (ROYTL) ) is now available.

Pacific Coast Oil Trust is responding to concerns raised by a unitholder regarding discrepancies in well counts and accounting practices related to its oil and natural gas properties. The Trust is addressing these issues by requesting documentation from Pacific Coast Energy Company LP and conducting an independent investigation with legal and accounting experts to ensure the accuracy and reliability of its financial statements.

More about Pacific Coast Oil Trust

Average Trading Volume: 7,054

Technical Sentiment Signal: Sell

Current Market Cap: $10.8M

See more data about ROYTL stock on TipRanks’ Stock Analysis page.

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