Big Country Energy Services Income Fund

May 25, 2006 14:33 ET

Big Country Energy Services Income Fund Announces Filing of Preliminary Prospectus

CALGARY, ALBERTA--(CCNMatthews - May 25, 2006) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION TO U.S. WIRE SERVICES

Big Country Energy Services Income Fund (the "Fund") announced today the filing of a preliminary prospectus with securities regulators in each of the provinces of Canada in connection with the initial public offering of trust units of the Fund. The Fund has been created to acquire an indirect interest in Big Country Energy Services Limited Partnership ("Big Country"). The Fund is an unincorporated, open ended limited purpose trust established under the laws of Alberta.

The underwriting syndicate for the offering is co-led by RBC Dominion Securities Inc. and BMO Nesbitt Burns Inc., and also includes TD Securities Inc., Peters & Co. Limited, Raymond James Ltd. and Sprott Securities Inc.

Big Country is a leading provider of natural gas pipeline construction and facilities installation services in the western Canadian sedimentary basin.

A preliminary prospectus relating to the trust units of the Fund has been filed with securities regulatory authorities in each of the provinces of Canada but has not yet become final for purposes of the sale of securities. This news release does not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities in any province of Canada before a receipt for the final prospectus is obtained from the securities commission or similar authority in such province. A copy of the preliminary prospectus may be obtained from www.sedar.com.

These securities have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States without registration or applicable exemption from the registration requirements of that Act. This news release does not constitute an offer for sale of these securities in the United States.

Contact Information

  • Big Country Energy Services Income Fund
    Richard B. Kuzyk
    Chief Executive Officer
    (403) 225-8867