PACIFIC COAST OIL TRUST (NYSE:ROYT) (the “Trust”) a perpetual royalty trust, announced today a cash distribution to the holders of its units of beneficial interest of $0.14756 per unit, payable on November 14, 2013, to unitholders of record on November 7, 2013. The Trust’s distribution relates to net profits and overriding royalties generated during September 2013 as provided in the conveyance of net profits and overriding royalty interest. This month’s distribution of $5.7 million is lower than the previous month ($0.14756 per unit vs. $0.15761 per unit) principally due to higher lease operating expenses and lower production, partially offset by lower capital expenditures. Total daily production was 3% lower than August due to one less day of production. Average realized prices were $100.13, or less than 1% lower than prior month. The current net profits amount from the Developed Properties was approximately $5.6 million, after receipt by PCEC from its counterparties of $0.2 million related to the settlement of applicable hedge contracts during the period. The current month’s lease operating expenses, including property taxes, were $3.3 million compared to $2.9 million from prior month due to increased well work at East Coyote and higher operating expenses at West Pico. The current month’s capital expenditures for the Developed Properties were $0.6 million compared to $1.0 million from the prior month. The current month’s distribution also includes $0.2 million for the 7.5% overriding royalty on the Remaining Properties which produced 24,895 Boe from 37 Orcutt Diatomite wells and two Orcutt Field wells. The cumulative deficit of the net profits interest on the Remaining Properties, including the 7.5% overriding royalty payments, decreased from $3.5 million to approximately $3.4 million during the month. Trust administrative expenses and the monthly operating and services fee payable to PCEC totaled approximately $0.1 million and were deducted in the calculation of the total distribution.