Sustainable Production Energy Trust
TSX : SPU.UN

Sustainable Production Energy Trust

March 23, 2006 09:30 ET

Sustainable Production Energy Trust Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - March 23, 2006) - Sustainable Production Energy Trust (TSX:SPU.UN) reports the distribution to unitholders of record at the close of business on March 31, 2006 and payable on April 17, 2006 is $0.075 Cdn per unit.

Throughout the month of February 2006, Sustainable repurchased 42,000 units at an average price of $8.99 per unit under its mandatory repurchase program when the fund traded at a discount greater than 5%.

As at March 16, 2006, Sustainable Production Energy Trust's net asset value was $9.32 Cdn per unit. The current portfolio consists of 85% oil & gas royalty trusts, 15% energy corporations.


Contact Information

  • Sustainable Production Energy Trust
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    Website: www.citadelfunds.com