Provident Energy Announces November Cash Distribution.CALGARY, Alberta -- Provident Energy Trust (Provident) (TSX:PVE PVE, n an abbreviation for prosthetic valve endocarditis. See endocarditis, infective. .UN) (AMEX AMEX See: American Stock Exchange :PVX) today announced its November cash distribution will be CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $0.12 per unit payable on December 15, 2005. November's distribution is consistent with the distribution paid to unitholders since November 2003. November's distribution will be paid to unitholders of record on November 21, 2005. The ex-distribution date will be November 17, 2005. For unitholders receiving their distribution in U.S. funds, the November 2005 cash distribution will be approximately US$0.10 per unit based on an exchange rate of 0.8498. The actual U.S. dollar distribution will depend on the Canadian/U.S. dollar exchange rate on the payment date and will be subject to applicable withholding taxes. Provident Energy Trust is a Calgary-based, open-ended energy income trust that owns and manages an oil and gas production business and a natural gas liquids midstream services and marketing business. Provident's energy portfolio is located in some of the most stable and predictable producing regions in Western Canada, Southern California and Wyoming. Provident provides monthly cash distributions to its unitholders and trades on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. under the symbols PVE.UN and PVX, respectively. Provident Energy Trust (TSX:PVE.UN) (AMEX:PVX) |
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