Acclaim Energy Trust

Acclaim Energy Trust

November 08, 2005 09:00 ET

Webcast Alert: Acclaim Energy Trust Presentation at Informed Investors Canadian Trust On-line Forum on Wednesday, November 9, 2005, 10:30 am ET

CALGARY, ALBERTA--(CCNMatthews - Nov. 8, 2005) - Acclaim Energy Trust (TSX:AE.UN) will present at the Canadian Trusts On-line Forum.

When: November 9, 2005 @ 10:30 AM Eastern Time

What: Acclaim Energy Trust (TSX:AE.UN) will give a presentation at the Informed Investors Canadian Trusts On-line Forum.

Sponsored by: Roger Conrad's Canadian Edge Newsletter

Roger Conrad, Editor of Canadian Edge, will give an overview of this exciting market in his keynote presentation.


How: Live over the Internet-Simply log on to the web at the address above.

Contact: Kerk Hilton, Director, Investor Relations,, (403)539-6343

If you are unable to attend the live event, the webcast will be archived and available at

On September 19 Acclaim and StarPoint announced a strategic merger to form one of Canada's largest and highest quality oil and gas trusts. The new Trust (name to be announced in mid November) will have a RLI of approximately 9 years, P+P reserves in excess of 230 million boe. Production of 75,000 boe/d is weighted 65% primarily to light oil and 35% natural gas. The new Trust has announced its intention to increase distributions to CDN $0.23/unit which represents an increase of 18% to Acclaim unitholders and 5% to StarPoint unitholders. The annualized current cash on cash yield, on this basis is approximately 13.5%. The meeting to approve the transaction will be held in December with expected closing in early January 2006, at which point the New Trust will apply to list on the NYSE.

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