Bonavista Energy Trust

Bonavista Energy Trust

March 15, 2005 11:48 ET

Bonavista Energy Trust Confirms Cash Distribution for April 15, 2005


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: BONAVISTA ENERGY TRUST

TSX SYMBOL: BNP.UN

MARCH 15, 2005 - 11:48 ET

Bonavista Energy Trust Confirms Cash Distribution for
April 15, 2005

CALGARY, ALBERTA--(CCNMatthews - March 15, 2005) - Bonavista Energy
Trust (TSX:BNP.UN) confirms that the monthly cash distribution generated
from March production will be $0.275 per trust unit. This monthly
distribution is comprised of the regular base monthly distribution of
$0.25 per trust unit plus a supplementary distribution of $0.025 per
trust unit due to the significant strength in commodity prices currently
being realized. This supplementary distribution is anticipated to be
maintained while commodity prices remain strong. The monthly
distribution will be paid on April 15, 2005 to unitholders of record on
March 31, 2005. The ex-distribution date is March 29, 2005.

Bonavista Energy Trust is a natural gas weighted energy trust which is
committed to maintaining its emphasis on operating high quality oil and
natural gas properties, delivering consistent distributions to
unitholders and ensuring financial strength and sustainability.


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Bonavista Energy Trust
    Greg R. Warner
    Vice President, Finance
    (403) 213-4300
    or
    Bonavista Energy Trust
    700, 311 - 6th Avenue SW
    Calgary, AB T2P 3H2
    Website: www.bonavistaenergy.com