Precision Drilling Trust Announces February 2008 Distribution
19 Februar 2008 - 1:00PM
Marketwired
CALGARY, ALBERTA
Precision Drilling Trust ("Precision") announced today that the
Board of Trustees has approved a cash distribution for the month of
February 2008 of $0.13 per trust unit of Precision. The
distribution will be payable on March 18, 2008 to unitholders of
record on February 29, 2008. The ex-distribution date is February
27, 2008. Holders of Class B limited partnership units of Precision
Drilling Limited Partnership will receive the economic equivalent
treatment.
Precision is a leading provider of safe, high performance energy
services to the North American oil and gas industry. Precision
provides customers with access to an extensive fleet of contract
drilling rigs, service rigs, camps, snubbing units, wastewater
treatment units and rental equipment backed by a comprehensive mix
of technical support services and skilled, experienced
personnel.
Precision Drilling Trust is listed on the Toronto Stock Exchange
under the trading symbol "PD.UN" and on the New York Stock Exchange
under the trading symbol "PDS".
Contacts: Doug Strong, Chief Financial Officer of Precision
Drilling Corporation, Administrator of the Trust (403) 716-4500
(403) 264-0251 (FAX) Precision Drilling Trust 4200, 150 - 6th
Avenue S.W. Calgary, AB T2P 3Y7 Website:
www.precisiondrilling.com
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