APF Energy Trust

APF Energy Trust

March 17, 2005 17:05 ET

APF Energy Trust Announces Distribution of $0.16 per Unit


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: APF ENERGY TRUST

TSX SYMBOL: AY.UN
TSX SYMBOL: AY.DB

MARCH 17, 2005 - 17:05 ET

APF Energy Trust Announces Distribution of $0.16 per
Unit

CALGARY, ALBERTA--(CCNMatthews - March 17, 2005) - APF Energy Trust
(TSX:AY.UN) (TSX:AY.DB) announces that it is maintaining its monthly
distribution of $0.16 per unit. Payment will be made on April 15, 2005
to unitholders of record on March 31, 2005. The ex-distribution date is
March 29, 2005.

Certain statements in this material may be "forward-looking statements"
including outlook on oil and gas prices, estimates of future production,
estimated completion dates of acquisitions and construction and
development projects, business plans for drilling and exploration,
estimated amount and timing of capital expenditures and anticipated
future debt levels and royalty rates. Information concerning reserves
contained in this material may also be deemed forward-looking statements
as such estimates involve the implied assessment that the resources
described can be profitably produced in the future. These statements are
based on current expectations, estimates and projections that involve a
number of risks and uncertainties, which could cause actual results to
differ from those anticipated by APF. This news release is not for
distribution in the U.S.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    APF Energy Trust
    Steve Cloutier
    President
    (403) 294-1000 or Toll Free (800) 838 9206
    or
    APF Energy Trust
    Alan MacDonald
    V.P. Finance
    (403) 294-1000 or Toll Free (800) 838 9206
    or
    APF Energy Trust
    Christine Ezinga
    Corporate Planning Analyst
    (403) 294-1000 or Toll Free (800) 838 9206
    (403) 294-1010 (FAX)
    Email: invest@apfenergy.com
    Website: www.apfenergy.com
    The Toronto Stock Exchange has neither approved nor disapproved of the
    contents of this news release.