CALGARY, Feb. 24 /PRNewswire-FirstCall/ -- Precision Drilling Trust ("Precision") will be presenting at the FirstEnergy East Coast Canadian Energy Conference, which is taking place March 1 - 3, 2006 in New York City. Mr. Gene Stahl, President & Chief Operating Officer of Precision Drilling Corporation, is scheduled to present at approximately 4:03 p.m. Eastern time (2:03 p.m Mountain time) on Wednesday, March 1, 2006. The presentation will include information concerning Precision's 2005 performance, and its 2006 strategy and outlook. A live webcast of the audio and a copy of the presentation will be accessible from Precision's website at http://www.precisiondrilling.com/ by selecting Investor Relations, then Webcast. Shortly after the live webcast, an archived version of the webcast will be available for approximately 30 days. 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.

Copyright