Federal district

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.

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.

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.

Pace-O-Matic Granted Access to Additional Eckert Seamans Logs

Retrieved on: 
Monday, December 4, 2023
Gambling, Federal, Foreign, Pennsylvania Gaming Control Board, Confidentiality, Consultant, Veteran, Parx Casino and Racing, Commonwealth Court of Pennsylvania, United States district court, News, Lawyer, Federal court, Commonwealth, POM, Federal district, District court, American Legion

The order grants POM additional access to Eckert, Seamans, Cherin & Mellott, LLC’s privileged logs regarding the representation of casinos against skill games.

Key Points: 
  • The order grants POM additional access to Eckert, Seamans, Cherin & Mellott, LLC’s privileged logs regarding the representation of casinos against skill games.
  • This decision overrules an appeal by Eckert Seaman Cherin & Mellot, LLC to exclude 120 documents from being produced.
  • The suit also alleges that Eckert “violated their most basic fiduciary duties and concealed and misrepresented material facts to POM’s great detriment.
  • Eckert appealed Jude Saporito’s ruling, which required Eckert to turn over to POM many internal emails.

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.

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

Retrieved on: 
Friday, October 27, 2023
Oil, Gas, Energy, Bank, Federal district, Face, Connection, Court, Form 8-K, COVID-19, United States district court, Retirement, Phillips, Cornerstone, Calendar, Sale, ARO, Consultant, County, Business analyst, Internet, Evergreen, Marketing, Panel, Hand, Net, Report, Martindale, Motion, Security (finance), Phillips 66, Bank statement, Moss Adams, Transport, Conveyance, Special, Hearing, Letter, Accounting Standards Codification, California superior courts, Trustee, Prejudice, State, Superior court, Annual report, Barrel (unit), Life insurance, Cryptocurrency, Insurance, 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.

Point Park University, BloomBoard partnership takes on PA teacher shortage with innovative degree program

Retrieved on: 
Monday, October 23, 2023
Federal district, Education, Pennsylvania Department of Education, Certification, Intermediate units in Pennsylvania, Finnish Education Evaluation Centre, Partnership, Teaching, Point Park University, Tutoring, Nursing

PITTSBURGH, Oct. 23, 2023 /PRNewswire-PRWeb/ -- BloomBoard, a leading Pennsylvania-based talent development provider for K–12 school districts, today announced a groundbreaking partnership with Point Park University, a dynamic and growing Pittsburgh-based university and statewide leader in educator preparation, to address the pressing teacher shortage in Pennsylvania and across the country.

Key Points: 
  • These, in turn, will increase the supply of quality teachers within the state and beyond through more accessible and relevant degree programs.
  • This partnership exemplifies both of them," said Dr. Chris W. Brussalis, president of Point Park University.
  • Initially, Point Park University and BloomBoard will offer an on-the-job Bachelor's Degree in Special Education, targeted to be available beginning in Spring 2024.
  • "We are particularly proud of this new partnership with Point Park University to advance groundbreaking career advancement pathways for greater numbers of aspiring teachers," said Sanford Kenyon, CEO of BloomBoard.

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

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

ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.

Key Points: 
  • ARO is the recognition related to net present value of future plugging and abandonment costs that all oil and gas operators face.
  • As a result, the total proceeds received by the Trust in each of 2020 and 2021 were less than $2.0 million.
  • 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 differences in actual cash receipts by the Trust could affect this distributable amount.

Railway to freight up to 50Mtpy of Verde's Product granted construction permit

Retrieved on: 
Tuesday, September 12, 2023
National Landing, Rail transport, Farmer, Carbon dioxide, ANTT, Federal district, Carbon, PFS, Climate change, NI, FCA, TSX, CO2

The Railway will connect Verde’s production facilities to a railway node part of the Ferrovia Centro Atlântica ("FCA"), effectively linking the municipalities of São Gotardo and Ibiá, both in the state of Minas Gerais.

Key Points: 
  • The Railway will connect Verde’s production facilities to a railway node part of the Ferrovia Centro Atlântica ("FCA"), effectively linking the municipalities of São Gotardo and Ibiá, both in the state of Minas Gerais.
  • FCA is the largest railroad network in Brazil, interconnecting seven states and the Federal District.
  • The PFS estimates a CAPEX of US$283.02 million4 for the construction of a railway from São Gotardo to Ibiá to transport up to 50Mtpy of Product.
  • The table below shows the summary of the financial-economic analysis for the 50Mtpy Scenario: