Provident Energy Trust
TSX : PVE.UN
NYSE : PVX

Provident Energy Trust

May 05, 2008 19:25 ET

Provident Announces Timing of 2008 First Quarter Results and Webcast Details for the Annual General and Special Meeting

CALGARY, ALBERTA--(Marketwire - May 5, 2008) - Provident Energy Trust (Provident) (TSX:PVE.UN) (NYSE:PVX) will announce its 2008 first quarter interim unaudited financial and operating results on May 8 after market close and prior to the Annual General and Special Meeting (AGM). Provident will hold its AGM on Thursday May 8, 2008 at 3:00 p.m. MDT in the Roxy Theatre at the Sun Life Conference Centre at 112 4th Ave SW in Calgary, Alberta. The link to the webcast presentation is http://events.onlinebroadcasting.com/provident/050808/index.php. Attendees are required to register for the webcast, so please schedule time to connect to the website at least 10 minutes before the presentation start time. The webcast will also be available following the AGM and can be accessed via the Provident website at www.providentenergy.com.

Provident Energy Trust is a Calgary-based, open-ended energy income trust that owns and manages an oil and gas production business and a natural gas liquids midstream services and marketing business. Provident's energy portfolio is located in some of the most stable and predictable producing regions in Western Canada and the United States. Provident provides monthly cash distributions to its unitholders and trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbols PVE.UN and PVX, respectively.

This document contains certain forward-looking statements concerning Provident, as well as other expectations, plans, goals, objectives, information or statements about future events, conditions, results of operations or performance that may constitute "forward-looking statements" or "forward-looking information" under applicable securities legislation. Such statements or information involve substantial known and unknown risks and uncertainties, certain of which are beyond Provident's control, including the impact of general economic conditions in Canada and the United States, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, pipeline design and construction, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities.

Such forward-looking statements or information are based on a number of assumptions which may prove to be incorrect. In addition to other assumptions identified in this news release, assumptions have been made regarding, among other things, commodity prices, operating conditions, capital and other expenditures, and project development activities.

Although Provident believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Provident can give no assurance that such expectations will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Provident and described in the forward-looking statements or information.

The forward-looking statements or information contained in this news release are made as of the date hereof and Provident undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

Contact Information

  • Provident Energy Trust
    Dallas McConnell
    Manager, Investor Relations
    Phone: (403) 231-6710
    Email: info@providentenergy.com
    or
    Corporate Head Office:
    2100, 250 - 2nd Street SW
    Calgary, Alberta T2P 0C1
    (403) 296-2233 or Toll Free: 1-800-587-6299
    (403) 262-8973 (FAX)
    Website: www.providentenergy.com