EnerVest Natural Resource Fund Ltd.

EnerVest Natural Resource Fund Ltd.

January 05, 2005 14:17 ET

EnerVest Natural Resource Fund Ltd. Announces Capital Gains Dividend


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ENERVEST NATURAL RESOURCE FUND LTD.

JANUARY 5, 2005 - 14:17 ET

EnerVest Natural Resource Fund Ltd. Announces Capital
Gains Dividend

CALGARY, ALBERTA--(CCNMatthews - Jan. 5, 2005) - EnerVest Funds
Management Inc., the manager of EnerVest Natural Resource Fund Ltd. (the
"Fund"), announced today that shareholders of record at the close of
business on December 31, 2004 received a capital gains dividend totaling
$930,000 (approximately $0.45492 per share) payable January 4, 2005. The
capital gains dividend is automatically reinvested in shares of the
Fund. This capital gains dividend will be included in the 2005 tax
return of the recipient, providing the benefit of a one year tax
deferral.

The Fund is an open-end mutual fund corporation, specializing in energy
investments and is actively managed by Cypress Capital Management Ltd.
The Fund trades under the symbol ENV 040.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    EnerVest Funds Management Inc.
    Michael L. Streukens
    President & Chief Executive Officer
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Funds Management Inc.
    David J. Fischer
    Chief Financial Officer
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Funds Management Inc.
    Andrea Watkins
    Investor Relations
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Funds Management Inc.
    Linda Koroluk
    Investor Relations
    (403) 571-5550 or Toll Free: 1-800-459-3384
    (403) 571-5554 (FAX)
    or
    EnerVest Funds Management Inc.
    Suite 2800, 700-9th Avenue S.W.
    Calgary, Alberta, T2P 3V4
    Email: info@enervest.com
    Website: www.enervest.com