Trilogy Energy Trust
TSX : TET.UN

Trilogy Energy Trust

August 23, 2005 09:00 ET

Trilogy Energy Trust Announces August 2005 Distribution

CALGARY, ALBERTA--(CCNMatthews - Aug. 23, 2005) - Trilogy Energy Trust (TSX:TET.UN) ("TET" or the "Trust") today announced that its cash distribution for August 2005 will be $0.16 per Trust Unit. The distribution is payable on September 15, 2005 to unitholders of record on August 31, 2005. The ex-distribution date is August 29, 2005. The Trust expects that monthly distributions of $0.16 per Trust Unit will be sustainable for the foreseeable future assuming the current forward market for petroleum and natural gas prices and based on current production forecasts.

About TET

Trilogy Energy Trust is a petroleum and natural gas-focused Canadian energy trust. TET's Trust Units are listed on the Toronto Stock Exchange under the symbol "TET.UN".

Forward-looking Information

This news release contains forward-looking information. Implicit in this information are assumptions regarding petroleum and natural gas prices, production, royalties and expenses which, although considered reasonable by TET at the time of preparation, may prove to be incorrect. These forward-looking statements are based on assumptions that involve a number of risks and uncertainties and are not guarantees of future performance. Actual results could differ materially as a result of changes in TET's plans, changes in commodity prices, general economic, market, regulatory and business conditions as well as production, development and operating performance and other risks associated with oil and gas operations. There is no guarantee by TET that actual results achieved will be the same as those forecast herein.

Contact Information

  • Trilogy Energy Trust
    J.H.T. (Jim) Riddell
    President and Chief Executive Officer
    (403) 290-2900
    or
    Trilogy Energy Trust
    B.K. (Bernie) Lee
    Chief Financial Officer
    (403) 290-2900
    or
    Trilogy Energy Trust
    J. B. (John) Williams
    Chief Operating Officer
    (403) 290-2900
    or
    Trilogy Energy Trust
    4100 - 350 - 7th Avenue S. W.
    Calgary, Alberta T2P 3N9
    (403) 290-2900
    (403) 263-8915 (FAX)
    Website: www.trilogyenergy.com