Pacific Coast Oil Trust (ROYT) Files $345M IPO

January 9, 2012 8:17 AM EST
Pacific Coast Oil Trust (NYSE: ROYT) filed a registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Trust Units. The proposed maximum offering price is $345 million. PCOT filed to list on the New York Stock Exchange under the ticker "ROYT."

The offering is being made through Barclays Capital.

Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC in January 2012 to own net profits interests in the Underlying Properties.


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