EnerVest Energy and Oil Sands Total Return Trust
TSX : EOS.UN

EnerVest Energy and Oil Sands Total Return Trust

March 21, 2011 19:42 ET

EnerVest Energy and Oil Sands Total Return Trust Announces March 2011 Distribution and Release of 2010 Year-End Financial Statements

CALGARY, ALBERTA--(Marketwire - March 21, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

EnerVest Energy and Oil Sands Total Return Trust (the "Fund") (TSX:EOS.UN)announcesthe March2011 distribution of $0.0417 per unit. The record date for this distribution is March 31,2011 and the payment date will be April 15, 2011. The ex-distribution date for this payment is March 29,2011.

2010 Year-End Financial Statements

The Fund's annual financial statements for the year-ended December 31, 2010, and the related Management Report of Fund Performance have been filed on SEDAR and are available on our website at www.canoefinancial.com.

About The Fund

The Fund is listed on the TSX under the symbol EOS.UN and is an actively managed, diversified closed-end trustinvesting in developers and miners of the oil sands,businesses that are indirectly involved with the oil sands through the provision of supplies and services, and oil and natural gas businesses.

About Canoe Financial

Canoe Financial is an experienced and innovative investment management firm focused on building financial wealth for Canadians. Canoe currently manages approximately $1.8 billion in assets through its mutual fund and closed-end products. Canoe is a strong believer in Canada as a place to invest. With continued global urbanization, increasing worldwide demand for resources and our sound fiscal structure, we believe Canada provides long-term growth potential for investors.

Canoe Financial is committed to providing exceptional client service and is a proud partner of Canada's Investment Advisor and Financial Planner network. To learn more about Canoe visit our website at www.canoefinancial.com.

Forward Looking Statement: Certain statements included in this news release constitute forward-looking statements. The forward-looking statements are not historical facts but reflect Canoe Financial LP's and its affiliates' ("Canoe") current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Canoe believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Canoe undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Investors should contact their Investment Advisor to review their investment objectives and strategies. This information is for review purposes only, and investors should consult their Investment Advisor for complete details and risk factors on specific strategies and various investment products.

Contact Information