Precision Drilling Trust Announces March 2006 Cash Distribution
17 März 2006 - 6:49PM
PR Newswire (US)
CALGARY, March 17 /PRNewswire-FirstCall/ -- Precision Drilling
Trust ("Precision") announces today that the cash distribution for
the month of March 2006 will be Cdn$0.27 per trust unit of
Precision. The distribution will be payable on April 18, 2006 to
unitholders of record on March 31, 2006. The ex-distribution date
is March 29, 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, 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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