Precision Drilling Trust announces February 2006 cash distribution
17 Février 2006 - 1:00PM
PR Newswire (US)
CALGARY, Feb. 17 /PRNewswire-FirstCall/ -- Precision Drilling Trust
("Precision") announces today that the cash distribution for the
month of February 2006 will be Cdn$ 0.27 per trust unit of
Precision. The distribution will be payable on March 15, 2006 to
unitholders of record on February 28, 2006. The ex- distribution
date is February 24, 2006. A payment of Cdn$ 0.27 per unit will
also be made to holders of Class B limited partnership units of
Precision Drilling Limited Partnership using the same record date
and payment date. Precision Drilling Trust is Canada's largest
energy services trust. Headquartered in Calgary, Alberta, it is the
leading provider of energy services to the Canadian oil and gas
industry. Precision provides customers with access to an extensive
fleet of contract drilling rigs, service rigs, camps, snubbing
units and rental equipment backed by a comprehensive mix of
technical support services and skilled, experienced personnel.
Precision is listed on the Toronto Stock Exchange under the trading
symbol "PD.UN" and in U.S. dollars "PD.U" and on the New York Stock
Exchange under the trading symbol "PDS". DATASOURCE: Precision
Drilling Trust CONTACT: Doug Strong, Chief Financial Officer of
Precision Drilling Corporation, Administrator of the Trust, 4200,
150 - 6th Avenue S.W., Calgary, Alberta T2P 3Y7, Telephone (403)
716-4500, Fax (403) 264-0251; website:
http://www.precisiondrilling.com/.; Archived images on this
organization are searchable through CNW Photo Archive website at
http://photos.newswire.ca/. Images are free to accredited members
of the media. To request a free copy of this organization's annual
report, please go to http://www.newswire.ca/ and click on Tools for
Investors.
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