Pacific Coast Energy Company Reports Measure P Election Results

Pacific Coast Energy Company LP (PCEC) announced today that Measure P was defeated in Santa Barbara County. The final unofficial results were 62.65% against and 37.35% in favor. Final election results can be found at www.sbcvote.com.

Hal Washburn, President of PCEC, said, “We are extremely pleased with the vote of confidence that the citizens of Santa Barbara County have given PCEC and our operations at Orcutt Hill by defeating Measure P. With this vote, the people of Santa Barbara County recognized that California, and Santa Barbara County in particular, already holds companies like PCEC to the highest industry standards in the United States. We welcome the chance to continue operating in the Santa Maria Basin and supporting the local economy by creating and retaining good paying jobs and contributing to the tax rolls. We and all of our employees take great pride in being a good neighbor in Santa Barbara County, and we want to thank the voters for their support.”

PCEC chaired the industry steering committee that worked to defeat Measure P by educating the voters of Santa Barbara County about the oil and gas industry and the significant role that it plays in the local economy.

About Pacific Coast Energy Company LP

Pacific Coast Energy Company is a privately held Delaware limited partnership engaged in the production and development of oil and natural gas from the Orcutt properties located in the Santa Maria Basin and the East Coyote, Sawtelle, and West Pico properties located in the Los Angeles Basin in California. PCEC formed Pacific Coast Oil Trust in May 2012.

About Pacific Coast Oil Trust

Pacific Coast Oil Trust (NYSE: ROYT) (Trust) is a perpetual Delaware statutory trust formed by PCEC to own net profits interests and an overriding royalty interest in certain oil and gas properties held by PCEC located in California in the Santa Maria Basin and the Los Angeles Basin. For additional information on the Trust, please visit www.pacificcoastoiltrust.com.

Cautionary Statement Regarding Forward-Looking Information

This press release contains statements that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are “forward-looking statements” for purposes of these provisions. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither PCEC nor the Trust assumes any obligation to update any of the statements included in this press release. An investment in units issued by the Trust is subject to the risks described in the Trust's Annual Report on Form 10-K for the year ended December 31, 2013 filed with the SEC on March 17, 2014, and if applicable, the Trust’s Quarterly Reports on Form 10-Q. The Trust’s Annual Report on Form 10-K and the Quarterly Reports on Form 10-Q reports are available over the Internet at the SEC's website at www.sec.gov.