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Peyto Energy Trust confirms cash distributions for November 14, 2008
TSX SYMBOL: PEY.UN CALGARY, Oct. 15 /CNW/ - Peyto Energy Trust ("Peyto") confirms that the monthl...
About this update from Peyto Exploration & Development Corp.
[{"type":"text","content":"\n\n\n\nTSX SYMBOL: PEY.UN\n\n\nCALGARY, Oct. 15 /CNW/ - Peyto Energy Trust ("Peyto") confirms that the\nmonthly distribution with respect to October 2008 of $0.15 per trust unit is\nto be paid on November 14, 2008, for unitholders of record on October 31,\n2008. The ex-distribution date is October 29, 2008.\n\n\nPeyto will be celebrating its tenth anniversary in the oil and gas\nindustry on October 23, 2008. Over the past ten years, Peyto has successfully\nbuilt an enduring energy business with a foundation of long life, high quality\nreserves combined with a strategy of profitably finding and developing new\nreserves. Peyto remains committed to this strategy of value creation and its\nasset base continues to lead the industry in reserve life and operating costs.\n\n\nPeyto currently has 105.9 million trust units outstanding which trade on\nthe Toronto Stock Exchange under the symbol PEY.UN.\n\n\nWe encourage you to actively visit Peyto's website located at\nwww.peyto.com.\n\n\nCertain information set forth in this document, including management's\nassessment of Peyto's future plans and operations, contains forward-looking\nstatements. By their nature, forward-looking statements are subject to\nnumerous risks and uncertainties, some of which are beyond these parties'\ncontrol, including the impact of general economic conditions, industry\nconditions, volatility of commodity prices, currency fluctuations, imprecision\nof reserve estimates, environmental risks, competition from other industry\nparticipants, the lack of availability of qualified personnel or management,\nstock market volatility and ability to access sufficient capital from internal\nand external sources. Readers are cautioned that the assumptions used in the\npreparation of such information, although considered reasonable at the time of\npreparation, may prove to be imprecise and, as such, undue reliance should not\nbe placed on forward-looking statements. Peyto's actual results, performance\nor achievement could differ materially from those expressed in, or implied by,\nthese forward-looking statements and, accordingly, no assurance can be given\nthat any of the events anticipated by the forward-looking statements will\ntranspire or occur, or if any of them do so, what benefits that Peyto will\nderive therefrom. Peyto disclaims any intention or obligati...