Pengrowth Energy Trust confirms cash distribution for July 15, 2005
June 21 2005 - 4:55PM
PR Newswire (US)
Pengrowth Energy Trust confirms cash distribution for July 15, 2005
Stock Symbol: (PGF.A / PGF.B) - TSX; (PGH) - NYSE CALGARY, June 21
/PRNewswire-FirstCall/ -- Pengrowth Corporation ("Pengrowth"),
administrator of Pengrowth Energy Trust ("Trust"), today confirmed
its July 15, 2005 cash distribution will be Cdn $0.23 per trust
unit. The distribution is net of amounts withheld to finance
capital expenditures. The ex-distribution date is June 28, 2005.
The distribution will be payable to all unitholders who hold Class
A or Class B trust units on the record date of June 30, 2005. The
distribution of Cdn $0.23 per trust unit is equivalent to
approximately U.S. $0.19 per trust unit using a U.S./Canadian
dollar exchange ratio of 1.2316. The actual U.S. dollar equivalent
distribution will be based upon the actual U.S./Canadian exchange
rate applied on the payment date, net of applicable Canadian
withholding taxes. This distribution relates to the production
month of May, 2005. Cash distributions paid over the past 12 months
now total Cdn $2.73 per trust unit or approximately U.S. $2.20 per
trust unit. PENGROWTH CORPORATION James S. Kinnear, President
DATASOURCE: Pengrowth Energy Trust CONTACT: please visit our
website http://www.pengrowth.com/ or contact Investor Relations,
E-mail: ; Telephone: (403) 233-0224, Toll Free: 1-800-223-4122,
Facsimile: (403) 294-0051; Investor Relations, Toronto, Toll Free:
1-888-744-1111, Facsimile: (416) 362-8191
Copyright