Daylight Energy Trust
TSX : DAY.UN

Daylight Energy Trust

July 11, 2005 16:41 ET

Daylight Energy Trust Announces August 15, 2005 Cash Distribution Amount

CALGARY, ALBERTA--(CCNMatthews - July 11, 2005) - Daylight Energy Trust (TSX:DAY.UN) ("Daylight") announces that the cash distribution to be paid on August 15, 2005, for unitholders of record on July 29, 2005 will be $0.12 per trust unit. The ex-distribution date is expected to be July 27, 2005.

Daylight Energy Trust is a Calgary-based open-ended unincorporated investment trust with a natural gas weighted high quality property base, extensive prospect inventory and a large undeveloped land base. Daylight's properties are focused in the high potential areas of the Peace River Arch and West Central Alberta and expanding into our new East 5 area. Daylight has approximately 45.3 million trust units and 1.7 million exchangeable shares currently outstanding.

ADVISORY: Certain information regarding Daylight Energy Trust including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities law and necessarily involve risks associated with oil and gas exploration, production, marketing and transportation such as loss of market, volatility of prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers and ability to access sufficient capital from internal and external sources; as a consequence, actual results may differ materially from those anticipated in the forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Contact Information

  • Daylight Energy Trust
    Steve Nielsen
    Vice-President, Finance & CFO
    (403) 213-5312 or Toll Free: 1-877-266-6901
    (403) 266-6988 (FAX)
    Email: snielsen@daylightenergy.ca
    or
    Daylight Energy Trust
    Scott Daniel
    Manager, Investor Relations and Treasury
    (403) 218-6885 or Toll Free: 1-877-266-6901
    (403) 266-6988 (FAX)
    Email: sdaniel@daylightenergy.ca
    Website: www.daylightenergy.ca