Business
Cathedral Energy Services announces March distribution
/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/ CALGARY, March 17 /CNW/ - Cathedral Energ...
About this update from Act Energy Technologies Ltd.
[{"type":"text","content":"\n\n\n\n/NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/\n\n\nCALGARY, March 17 /CNW/ - Cathedral Energy Services Income Trust (the\n"Trust" - TSX: CET.UN) is pleased to announce that the Trustees have approved\na distribution for March 2009 of $0.04 (February 2009 - $0.04) per Trust Unit\nin the form of cash. The distribution will be paid on April 15, 2009 to\nUnitholders of record on March 31, 2009. It is the intention of the Trust to\nhave equal monthly distributions to Unitholders, subject to the operating\nresults of Cathedral Energy Services Ltd. and Cathedral Energy Services\nLimited Partnership.\n\n\n-------------------------------------------------------------------------\n\n\nCertain statements in this news release including (i) statements that may\ncontain words such as "anticipate", "could", "expect", "seek", "may" "intend",\n"will", "believe", "should", "project", "forecast", "plan" and similar\nexpressions, including the negatives thereof, (ii) statements that are based\non current expectations and estimates about the markets in which the\nTrust/Cathedral operates and (iii) statements of belief, intentions and\nexpectations about developments, results and events that will or may occur in\nthe future, constitute "forward-looking statements" and are based on certain\nassumptions and analysis made by the Trust/Cathedral. Forward-looking\nstatements in this news release include, but are not limited to, statements\nwith respect to future capital expenditures, including the amount, nature and\ntiming thereof; oil and natural gas prices and demand; other development\ntrends within the oil and natural gas industry; business strategy; expansion\nand growth of the Trust's/Cathedral's business and operations and other such\nmatters. Such forward-looking statements are subject to important risks and\nuncertainties, which are difficult to predict and that may affect the\nTrust's/Cathedral's operations, including, but are not limited to: the impact\nof general economic conditions; industry conditions; government and regulatory\ndevelopments; oil and natural gas product supply and demand; competition; and\nthe Trust's/Cathedral's ability to attract and retain qualified personnel. The\n...