Attention Business/Financial Editors:
Penn West Energy Trust Confirms its March Cash Distribution
CALGARY, March 20 /CNW/ - (TSX - PWT.UN; NYSE - PWE) Penn West Energy
Trust ("Penn West") confirms that its March 2008 cash distribution will be
CDN$0.34 per trust unit payable on April 15, 2008 to unitholders of record on
March 31, 2008. The ex-distribution date is March 27, 2008.
The CDN$0.34 per unit is equivalent to approximately US$0.33 per unit
(before deduction of any applicable Canadian withholding tax), using a current
U.S./Canadian exchange ratio of 0.97. Registered unitholders with U.S.
addresses will receive their distributions directly from our transfer agent,
and will be paid in U.S. currency using the exchange rate in effect on the
record date. Non-registered U.S. unitholders will receive their distributions
through their brokers.
Penn West trust units and debentures are listed on the Toronto Stock
Exchange under the symbols PWT.UN, PWT.DB.A, PWT.DB.B, PWT.DB.C, PWT.DB.D,
PWT.DB.E and PWT.DB.F and Penn West trust units are listed on the New York
Stock Exchange under the symbol PWE.
%SEDAR: 00022266E
%CIK: 0001334388
For further information: PENN WEST ENERGY TRUST, Suite 2200, 425 - First
Street S.W., Calgary, Alberta, T2P 3L8, Phone: (403) 777-2500, Toll-free:
1-866-693-2707, Fax: (403) 777-2699, Website: www.pennwest.com; Investor
Relations: Phone: 1-888-770-2633, E-mail: investor_relations@pennwest.com,
William Andrew, CEO, Phone: (403) 777-2502
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Penn West Energy Trust
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CODE : PWE |
ISIN : CA7078871059 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Penn West Energy Trust is a and oil producing company based in Canada. Penn West Energy Trust holds various exploration projects in Canada. Its main exploration property is SWAN HILLS in Canada. Penn West Energy Trust is listed in United States of America. Its market capitalisation is US$ 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. |