Sustainable Production Energy Trust
TSX : SPU.UN

Sustainable Production Energy Trust

May 23, 2006 09:30 ET

Sustainable Production Energy Trust Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - May 23, 2006) - Sustainable Production Energy Trust (TSX:SPU.UN) reports the distribution to unitholders of record at the close of business on May 31, 2006 and payable on June 15, 2006 is $0.075 Cdn per unit.

Throughout the month of April 2006, Sustainable repurchased 49,500 units at an average price of $8.86 per unit under its mandatory repurchase program, which represented a discount to net asset value of 6.2%.

As at May 18, 2006, Sustainable Production Energy Trust's net asset value was $8.72 Cdn per unit. The current portfolio consists of 82% oil & gas royalty trusts and 18% energy corporations.

Contact Information

  • Sustainable Production Energy Trust
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: www.citadelfunds.com