Business
Precision Drilling Trust confirms May 2006 cash distribution
Precision Drilling Trust confirms May 2006 cash distribution.
About this update from Precision Drilling Corporation
[{"type":"text","content":"\n\n\n\n\nCALGARY, May 17 /CNW/ - Precision Drilling Trust (\"Precision\") confirms\ntoday that the cash distribution for the month of May 2006 will be Cdn$0.31\nper trust unit of Precision. The distribution will be payable on June 15, 2006\nto unitholders of record on May 31, 2006. The ex-distribution date is May 29,\n2006. A payment of Cdn$0.31 per unit will also be made to holders of Class B\nlimited partnership units of Precision Drilling Limited Partnership using the\nsame record date and payment date.\nPrecision Drilling Trust is Canada's largest energy services trust.\nHeadquartered in Calgary, Alberta, Precision is the leading provider of energy\nservices to the Canadian oil and gas industry. Precision provides customers\nwith access to an extensive fleet of contract drilling rigs, service rigs,\ncamps, snubbing units and rental equipment backed by a comprehensive mix of\ntechnical support services and skilled, experienced personnel.\n\nPrecision is listed on the Toronto Stock Exchange under the trading\nsymbol \"PD.UN\" and in U.S. dollars \"PD.U\" and on the New York Stock Exchange\nunder the trading symbol \"PDS\".\n\n%SEDAR: 00022925E\n\n\n","length":1212,"tagName":"div"}]