EnerVest Natural Resource Fund Ltd.

EnerVest Natural Resource Fund Ltd.

May 06, 2008 17:17 ET

EnerVest Natural Resource Fund Ltd. Announces Purchase of Assets

CALGARY, ALBERTA--(Marketwire - May 6, 2008) - EnerVest Natural Resource Fund Ltd. ("EnerVest") announces that effective April 30, 2008 the purchase of all the assets, totaling approximately $25.8 million, of EnerVest FTS Limited Partnership 2006 and EnerVest FTS Limited Partnership 2006 II, has been completed. The assets were purchased in exchange for mutual fund shares of EnerVest, valued at a net asset value of $15.0564 per mutual fund share.

EnerVest is an open-end mutual fund corporation, specializing in investing in the oil and gas industry and is actively managed by Cypress Capital Management Ltd. The fund code for EnerVest is ENV 040.

Contact Information

  • EnerVest Funds Management Inc.
    Kevin W. Wolfe
    President & Chief Executive Officer
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Funds Management Inc.
    Sean J. H. Morgan
    Chief Financial Officer
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Funds Management Inc.
    Kristie Allen
    Investor Relations
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Funds Management Inc.
    Linda Koroluk
    Investor Relations
    (403) 571-5550 or Toll Free: 1-800-459-3384
    or
    EnerVest Funds Management Inc.
    Suite 2800, 700-9th Avenue S.W.
    Calgary, Alberta, T2P 3V4
    (403) 571-5550 or Toll Free: 1-800-459-3384
    (403) 571-5554 (FAX)
    Email: info@enervest.com
    Website: www.enervest.com