Provident Energy Announces October 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 October 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 November 15, 2005. October's distribution is consistent with the distribution paid to unitholders since November 2003.

October's distribution will be paid to unitholders of record on October 21, 2005. The ex-distribution date will be October 19, 2005. For unitholders receiving their distribution in U.S. funds, the October 2005 cash distribution will be approximately US$0.10 per unit based on an exchange rate of 0.8512. 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 trust that owns and manages oil and gas production businesses and a midstream services business. Provident's energy portfolio is located in some of the more 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)

COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.

Reader Opinion

Article Details
Printer friendly Cite/link Email Feedback
Publication:	Business Wire
Geographic Code:	1CANA
Date:	Oct 11, 2005
Words:	202
Previous Article:	Silverberg Zalantis LLP Adds Education Law Practice.
Next Article:	Merrill Lynch to Announce Third Quarter 2005 Results on October 18.
Topics:	Energy industries Energy industry

Related Articles
Nationwide to Sponsor Provident's Conversion.(Nationawide Financial Services Inc., Provident Mutual Life Insurance Co.)(Brief Article)
Provident Energy Trust Successfully Integrates Meota Resources Corp. and Announces Increase in November 2002 Cash Distribution.
Nationwide completes conversion, merger of Provident Mutual. (Briefing).(Brief Article)
Provident Energy Announces November Cash Distribution.
Provident Energy Announces December Cash Distribution.
Provident Energy Announces January 2006 Cash Distribution.
Provident Energy Announces February Cash Distributions.
Provident Energy Provides 2005 Tax Information.
Provident Energy Announces March Cash Distribution and the Schedule for Release of 2005 Year-End Results and Conference Call.
Breitburn Energy Partners L.P. (BBEP).(WEEKLY PROFILE)