Attention Business/Financial Editors:
Penn West Energy Trust announces May cash distribution
PENN WEST ENERGY TRUST (TSX - PWT.UN; NYSE - PWE) is pleased to confirm
cash distributions for May 2007
CALGARY, May 22 /CNW/ - Penn West Energy Trust ("Penn West") confirms
that its May 2007 cash distribution will be CDN$0.34 per trust unit payable on
June 15, 2007 to unitholders of record on May 31, 2007. The ex-distribution
date is May 29, 2007.
The CDN$0.34 per unit is equivalent to approximately US$0.31 per unit
(before deduction of any applicable Canadian withholding tax), using a current
U.S./Canadian exchange ratio of 0.92. Registered unitholders with U.S.
addresses will receive their distributions directly from our transfer agent,
and will be paid in U.S. currency using the exchange rate in effect on the
record date. Non-registered U.S. unitholders will receive their distributions
through their brokers.
Penn West also wishes to announce its 2006 Annual Report has been filed
with SEDAR. Copies may be downloaded electronically through Penn West's
website at www.pennwest.com or via SEDAR at www.sedar.com or EDGAR at
www.sec.gov/edgar.shtml. Printed copies of the annual report will be mailed in
the near future to investors on our mailing list. Copies may also be obtained
by contacting investor relations.
Penn West Energy Trust is a senior oil and natural gas energy trust based
in Calgary, Alberta that trades on the Toronto Stock Exchange under the symbol
PWT.UN and on the New York Stock Exchange under the symbol PWE.
%SEDAR: 00022266E
%CIK: 0001334388
For further information: PENN WEST ENERGY TRUST, Suite 2200, 425 - First
Street S.W., Calgary, Alberta, T2P 3L8, Phone: (403) 777-2500, Toll-free:
1-866-693-2707, Fax: (403) 777-2699, Website: www.pennwest.com; Investor
Relations: Phone: 1-888-770-2633, E-mail: investor_relations@pennwest.com,
William Andrew, President and CEO, Phone: (403) 777-2502
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Penn West Energy Trust
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CODE : PWE |
ISIN : CA7078871059 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Penn West Energy Trust is a and oil producing company based in Canada. Penn West Energy Trust holds various exploration projects in Canada. Its main exploration property is SWAN HILLS in Canada. Penn West Energy Trust is listed in United States of America. Its market capitalisation is US$ 80.7 millions as of today (€ 73.8 millions). Its stock quote reached its highest recent level on May 29, 2009 at US$ 9.98, and its lowest recent point on April 01, 2020 at US$ 0.15. Penn West Energy Trust has 504 340 988 shares outstanding. |