Baytex Energy Trust

Baytex Energy Trust

January 19, 2006 09:00 ET

Baytex Energy Trust Announces New York Stock Exchange Listing

CALGARY, ALBERTA--(CCNMatthews - Jan. 19, 2006) - Baytex Energy Trust (TSX:BTE.UN) of Calgary, Alberta is pleased to announce that the New York Stock Exchange (NYSE) has cleared Baytex to file an Original Listing Application for the listing of its trust units on the NYSE. The application process is anticipated to take four to six weeks and Baytex looks forward to the commencement of trading of its trust units on the NYSE during March 2006.

Baytex is currently a reporting issuer in the United States as a result of the issuance of its senior subordinated notes. Baytex believes that the NYSE listing will improve the trading liquidity of its trust units and further enhance future access to the capital markets in the United States.

Baytex Energy Trust is a conventional oil and gas income trust focused on maintaining its production and asset base through internal property development and delivering consistent returns to its unitholders. Trust units of Baytex are traded on the Toronto Stock Exchange under the symbol BTE.UN.

Contact Information

  • Baytex Energy Trust
    Ray Chan
    President & C.E.O.
    (403) 267-0715
    Baytex Energy Trust
    Derek Aylesworth
    Chief Financial Officer
    (403) 538-3639
    Baytex Energy Trust
    Kathy Robertson
    Investor Relations
    (403) 538-3645
    Toll Free Number: 1-800-524-5521