Precision Drilling Trust confirms May 2006 cash distribution
17 Mai 2006 - 11:40PM
PR Newswire (US)
CALGARY, May 17 /PRNewswire-FirstCall/ -- Precision Drilling Trust
("Precision") confirms today that the cash distribution for the
month of May 2006 will be Cdn$0.31 per trust unit of Precision. The
distribution will be payable on June 15, 2006 to unitholders of
record on May 31, 2006. The ex- distribution date is May 29, 2006.
A payment of Cdn$0.31 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, Precision 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 Precision Drilling 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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