Sustainable Production Energy Trust
TSX : SPU.UN

Sustainable Production Energy Trust

October 23, 2006 09:30 ET

Sustainable Production Energy Trust Announces Distribution

CALGARY, ALBERTA--(CCNMatthews - Oct. 23, 2006) - Sustainable Production Energy Trust (TSX:SPU.UN) reports the distribution to unitholders of record at the close of business on October 31, 2006 and payable on November 15, 2006 is $0.075 Cdn per unit.

Throughout the month of September 2006, Sustainable repurchased 35,000 units at an average price of $8.15 per unit under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at October 19, 2006, Sustainable Production Energy Trust's net asset value was $8.15 Cdn per unit. The current portfolio consists of 87% oil & gas royalty trusts and 12% energy corporations, and 1% cash and cash equivalents.

Contact Information

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