Canetic Resources Trust announces monthly distribution
2006年6月16日 - 6:45AM
PRニュース・ワイアー (英語)
CALGARY, June 15 /PRNewswire-FirstCall/ -- (CNE.UN - TSX; CNE -
NYSE)- Canetic Resources Trust is pleased to announce that a cash
distribution of C$0.23 per trust unit will be paid on July 14, 2006
to unitholders of record on June 30, 2006. The trust units of
Canetic will commence trading on an ex-distribution basis on June
28, 2006. Using a Canadian to U.S. dollar exchange rate of $0.90,
the distribution amount is approximately U.S $0.21 per Trust Unit.
The actual U.S. dollar equivalent distribution for unitholders who
hold through a brokerage firm will be based upon the U.S./Canadian
exchange rate in effect on the payment date, net of applicable
Canadian withholding taxes. Registered shareholders are paid
directly by Canetic's transfer agent, Computershare, and the
distribution will be based on the U.S./Canadian exchange rate as of
the date of record, net of applicable withholding taxes. Canetic,
together with its predecessor, Acclaim Energy Trust, has the
objective of providing consistent cash distributions and has
provided unitholders with stable or increasing distributions for
more than four years. Canetic Resources Trust trades on the TSX and
the NYSE and was formed on January 5, 2006, from the merger of
Acclaim Energy Trust and StarPoint Energy Trust. Canetic is one of
the largest producers in the conventional oil and gas trust sector,
with a production mix of 60 percent oil liquids and 40 percent
natural gas. The Trust has long life high quality assets in western
Canada with approximately a 9 year reserve life index on a proved
and probable basis. For further information, please see the website
at http://www.canetictrust.com/ or contact Canetic investor
relations by email at: or by toll free telephone at 1-877-539-6300.
ADVISORY: Certain information regarding Canetic Resources Trust
including management's assessment of future plans and operations,
reserve and production estimates, drilling inventory, and Canetic's
distribution policy may constitute forward-looking statements under
applicable securities law and necessarily involve risks, including,
without limitation, risks associated with oil and gas exploration,
development, exploitation, production, marketing and
transportation, loss of markets, volatility of commodity prices,
currency fluctuations, imprecision of reserve estimates,
environmental risks, competition, incorrect assessment of the value
of acquisitions, failure to realize the anticipated benefits of
acquisitions and ability to access sufficient capital from internal
and external sources; failure to obtain required regulatory
approvals. As a consequence, actual results may differ materially
from those anticipated in the forward-looking statements. Readers
are cautioned that the foregoing list of factors is not exhaustive.
Additional information on these and other factors that could affect
Canetic's operations or financial results are included in reports
on file with applicable securities regulatory authorities and may
be accessed through the SEDAR website (http://www.sedar.com/), the
EDGAR website (http://www.edgar.com/) or at Canetic's website
(http://www.canetictrust.com/). DATASOURCE: Canetic Resources Trust
CONTACT: Investor Relations, (403) 539-6300, Toll Free -
1-877-539-6300, , http://www.canetictrust.com/; 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