Shipyard Capital Management LLC Sent A Letter To The Board Of Directors Of Pacific Coast Oil Trust
The Bank of New York Mellon Trust Company, N.A.
Trustee for Pacific Coast Oil Trust
601 Travis, Floor 16
Houston, Texas 77002
Attn: Ms. Sarah Newell
Vice President
Dear Ms. Newell,
Shipyard Capital and Eriksen Capital write as owners of—collectively—11.4% of Pacific Coast Oil Trust. Our $10M market capitalization Trust is currently generating $20M per year in …