CALGARY, May 5 /CNW/ - Precision Drilling Trust ("Precision") will hold
its Annual Meeting of Unitholders on Tuesday, May 9, 2006. The meeting will be
held in the McMurray Room of the Calgary Petroleum Club, 319 - 5th Avenue
S.W., Calgary, Alberta, Canada, and will begin at 3:00 p.m. MT (5:00 p.m. ET).
A live webcast of the Annual Meeting will be accessible on Precision's
website at www.precisiondrilling.com by selecting "Investor Relations", then
"Webcasts". An archived recording of the webcast will also be available
approximately two hours after the conclusion of the live event.
Precision Drilling Trust is Canada's largest energy services trust.
Headquartered in Calgary, Alberta, Precision is the leading provider of energy
services to the Canadian oil and gas industry. Precision provides customers
with access to an extensive fleet of contract drilling rigs, service rigs,
camps, snubbing units and rental equipment backed by a comprehensive mix of
technical support services and skilled, experienced personnel.
Precision is listed on the Toronto Stock Exchange under the trading
symbol "PD.UN" and in U.S. dollars "PD.U" and on the New York Stock Exchange
under the trading symbol "PDS".
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