Bonavista Energy Trust

Bonavista Energy Trust

May 15, 2006 14:38 ET

Bonavista Energy Trust Confirms Cash Distribution for June 15, 2006

CALGARY, ALBERTA--(CCNMatthews - May 15, 2006) - Bonavista Energy Trust (TSX:BNP.UN) confirms that the monthly cash distribution generated from May production will be $0.33 per trust unit. This monthly distribution is comprised of a regular base distribution of $0.28 per trust unit, plus a supplementary distribution of $0.05 per trust unit due to the significant strength in commodity prices currently being realized. This supplementary distribution is anticipated to be maintained while commodity prices remain strong. The monthly distribution will be paid on June 15, 2006 to unitholders of record on May 31, 2006. The ex-distribution date is May 29, 2006.

Bonavista Energy Trust is a natural gas weighted energy trust which is committed to maintaining its emphasis on operating high quality oil and natural gas properties, delivering consistent distributions to unitholders and ensuring financial strength and sustainability.

Contact Information

  • Bonavista Energy Trust
    Greg R. Warner
    Vice President, Treasury and Tax
    (403) 213-4300
    700, 311- 6th Avenue SW
    Calgary, AB T2P 3H2
    (403) 213-4300