Conveyance

Pacific Coast Oil Trust Announces There Will Be No March Cash Distribution

Retrieved on: 
Thursday, March 28, 2024
Banking, Energy, Professional Services, Oil, Gas, Letter, Net, Face, Panel, Sale, Transport, Bank statement, Special, Business analyst, Trustee, Marketing, Barrel (unit), Prejudice, Federal district, Accounting Standards Codification, Calendar, Hand, State, Phillips 66, Internet, Conveyance, Security (finance), Moss Adams, Annual report, County, ARO, Retirement, Consultant, Dissolution, Connection, COVID-19, Bank, Motion, United States district court, Evergreen, Superior court, Report, Court, Hearing, Life insurance

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

HUGOTON ROYALTY TRUST DECLARES NO MARCH CASH DISTRIBUTION

Retrieved on: 
Monday, March 18, 2024
Natural gas, Exercise, Panel, Conveyance, Lawyer, Annual report, Barrel (unit), Trustee, Hearing

Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.

Key Points: 
  • Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.
  • XTO Energy has advised the Trustee that excess costs increased by $45,000 on properties underlying the Kansas net profits interests.
  • XTO Energy has estimated the amount to be approximately $14.6 million (net to the Trust).
  • For more information on the Trust, including the annual tax information, distribution amounts, and historical press releases, please visit our website at www.hgt-hugoton.com .

Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution

Retrieved on: 
Thursday, February 29, 2024
Banking, Energy, Professional Services, Oil, Gas, Hearing, Report, Net, Accounting Standards Codification, Sale, Phillips 66, Consultant, Federal district, Bank statement, Barrel (unit), ARO, Special, Moss Adams, Marketing, Bank, Transport, Connection, Prejudice, Trustee, Dissolution, United States district court, Security (finance), Conveyance, State, Panel, Court, Retirement, Calendar, Face, County, Business analyst, Annual report, Evergreen, Letter, COVID-19, Hand, Motion, Internet, Superior court, Life insurance

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

HUGOTON ROYALTY TRUST DECLARES NO FEBRUARY CASH DISTRIBUTION

Retrieved on: 
Friday, February 16, 2024
Hearing, Annual report, Natural gas, Exercise, Trustee, Lawyer, Conveyance, Panel, Reinsurance

However, after the partial recovery, there were no remaining proceeds from the properties underlying the Oklahoma net profits interests to be included in the current month's distribution.

Key Points: 
  • However, after the partial recovery, there were no remaining proceeds from the properties underlying the Oklahoma net profits interests to be included in the current month's distribution.
  • XTO Energy has estimated the amount to be approximately $14.6 million (net to the Trust).
  • As of the date hereof, $9.1 million underlying ($7.3 million net to the Trust) in development costs have been charged to the Trust for the three non-operated wells.
  • For more information on the Trust, including the annual tax information, distribution amounts, and historical press releases, please visit our website at www.hgt-hugoton.com .

Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution

Retrieved on: 
Friday, January 26, 2024
Oil, Gas, Energy, Conveyance, Hand, Report, Consultant, Face, Barrel (unit), County, Sale, Court, COVID-19, ARO, Calendar, Letter, Retirement, Accounting Standards Codification, Trustee, Federal district, Internet, Special, State, Moss Adams, Net, Transport, Marketing, Hearing, Phillips 66, Panel, Bank statement, Prejudice, Motion, Security (finance), Business analyst, Connection, Annual report, United States district court, Bank, Superior court, Evergreen, Dissolution, Life insurance

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

HUGOTON ROYALTY TRUST DECLARES NO JANUARY CASH DISTRIBUTION

Retrieved on: 
Friday, January 19, 2024
Conveyance, Natural gas, Annual report, Lawyer, Hearing, Exercise, Panel, Trustee, Life insurance

XTO Energy has advised the Trustee that excess costs increased by $188,000 on properties underlying the Oklahoma net profits interests.

Key Points: 
  • XTO Energy has advised the Trustee that excess costs increased by $188,000 on properties underlying the Oklahoma net profits interests.
  • XTO Energy has estimated the amount to be approximately $14.6 million (net to the Trust).
  • As of the date hereof, $9.1 million underlying ($7.3 million net to the Trust) in development costs have been charged to the Trust for the three non-operated wells.
  • The Trust and XTO Energy conducted the interim hearing on the claims related to the Chieftain settlement on October 12-13, 2020.

Hubzu Expands Collaboration with NCST (National Community Stabilization Trust) to Increase Access to Affordable Housing

Retrieved on: 
Thursday, November 30, 2023
Conveyance, Sale, Federal Housing Administration, NCST, Hand, Volksgemeinschaft, FHA, ASPS, Housing, National Community Stabilization Trust, REO, Drug

This strategic collaboration will offer Hubzu homes that are available for sale under the Federal Housing Administration (FHA) Claims Without Conveyance of Title (CWCOT) second chance program to NCST and their dedicated community of buyers, fortifying neighborhood stability, fostering community wealth, and promoting racial equity.

Key Points: 
  • This strategic collaboration will offer Hubzu homes that are available for sale under the Federal Housing Administration (FHA) Claims Without Conveyance of Title (CWCOT) second chance program to NCST and their dedicated community of buyers, fortifying neighborhood stability, fostering community wealth, and promoting racial equity.
  • For years, Hubzu has worked hand in hand with NCST, offering REO inventory to their community of home buyers.
  • “Our ongoing collaboration with NCST signifies a pledge to uplift communities, ensuring that every American, regardless of their background, has access to affordable housing,” said Travis Britsch, General Manager, Hubzu.
  • Their strengthened collaboration solidifies a vision for an equitable future, ensuring everyone can call a place home.

Pacific Coast Oil Trust Announces There Will Be No December Cash Distribution

Retrieved on: 
Monday, December 18, 2023
Oil, Gas, Energy, Business analyst, Marketing, Retirement, Report, Trustee, Transport, Barrel (unit), Dissolution, Annual report, Hearing, Moss Adams, Superior court, Consultant, Evergreen, Accounting Standards Codification, Motion, Letter, Connection, Conveyance, State, Hand, Internet, United States district court, Calendar, ARO, Net, County, Prejudice, Phillips 66, Bank, Sale, Court, Panel, Bank statement, Special, COVID-19, Face, Security (finance), Federal district, Life insurance

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

Pacific Coast Oil Trust Announces There Will Be No November Cash Distribution

Retrieved on: 
Tuesday, November 28, 2023
Oil, Gas, Energy, Sale, State, California superior courts, Marketing, Dissolution, Connection, Special, Trustee, Hearing, Conveyance, Prejudice, Form 8-K, Bank, Security (finance), Report, Calendar, County, Net, Hand, Letter, Face, Superior court, Transport, Barrel (unit), Moss Adams, Bank statement, Consultant, Internet, Federal district, United States district court, Retirement, ARO, Evergreen, Court, Motion, Phillips 66, Annual report, Accounting Standards Codification, COVID-19, Business analyst, Panel, Life insurance, Cryptocurrency, Trust

The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.

Key Points: 
  • The net profits deficit must be recouped from proceeds otherwise payable to the Trust from the Net Profits Interests.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the “Underlying Properties”).
  • Any anticipated distribution is based, in part, on the amount of cash received or expected to be received by the Trust from PCEC with respect to the relevant period.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.

HUGOTON ROYALTY TRUST DECLARES NO DECEMBER CASH DISTRIBUTION

Retrieved on: 
Monday, December 18, 2023
Annual report, Exercise, Natural gas, Trustee, Fraudulent conveyance, Lawyer, Hearing, Panel, Conveyance, Reinsurance, Trust, Tribal chief

However, after the partial recovery, there were no remaining proceeds from the properties underlying the Oklahoma net profits interests to be included in the current month's distribution.

Key Points: 
  • However, after the partial recovery, there were no remaining proceeds from the properties underlying the Oklahoma net profits interests to be included in the current month's distribution.
  • XTO Energy has estimated the amount to be approximately $14.6 million (net to the Trust).
  • As of the date hereof, $9.1 million underlying ($7.3 million net to the Trust) in development costs have been charged to the Trust for the three non-operated wells.
  • The Trust and XTO Energy conducted the interim hearing on the claims related to the Chieftain settlement on October 12-13, 2020.