Vault Energy Trust

Vault Energy Trust

December 15, 2006 13:30 ET

Vault Energy Announces Natural Gas Hedge for Summer 2007

CALGARY, ALBERTA--(CCNMatthews - Dec. 15, 2006) - Vault Energy Trust (Vault) (TSX:VNG.UN) announces it has entered into an additional natural gas hedge for the April through November 2007 time period. The natural gas hedge is for a volume of 7,500 GJ at CDN $7.60 AECO, bringing Vault's total hedged gas volume for the period to 10,000 GJ's.

Vault strategically uses hedging as part of its ongoing risk management to assist in maintaining long term certainty of unitholder distributions.

Vault Energy Trust is a conventional oil and gas income trust. Vault units are traded on the Toronto Stock Exchange (TSX) under the symbol "VNG.UN".

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