Progress Energy Trust Announces Participation in the Inaugural Oil and Gas Trust Symposiumadmin
Progress Energy Trust (“Progress” or the “Trust”) is pleased to provide further information on the inaugural Oil and Gas Trust Symposium, which will feature the following topics and speakers:
– “The Trust Structure” – Craig Natland, Tax Partner, KPMG, Calgary – “How Long is Long Enough? – Reserve Life Index” – Chris Kowalski, Vice-President, McDaniel & Associates Consultants Ltd., Calgary; Menal Patel, Research Analyst, Oil & Gas Trusts, National Bank Financial, Calgary – “How to Win on Oil and Gas Trusts – Looking Beyond Yield” – Brian Prokop, Vice-President, Oil & Gas Specialist, Institutional Sales, CanaccordAdams, Calgary – “How Sustainable are Those Distributions?” – Dr. Peter Chant, FCA, Partner, Deloitte & Touche, Toronto; Grant Hofer, Associate Director, Oil & Gas Royalty Trusts/Power & Energy, Infrastructure Trust
Analyst, ScotiaCapital, Calgary
These presentations will be repeated throughout the day, allowing interested investors to limit their presence at the Symposium to a few hours while still receiving the full benefit of attending. Progress would also like to invite all the Symposium attendees to visit our booth, where members of the Trust’s management team will be available to discuss any questions specific to Progress Energy Trust.
In addition to the speakers listed above, a blue-ribbon panel will discuss the “Risks and Rewards of Trust Investing”, beginning at 3:15 p.m. Brett Harris, Calgary Bureau Chief of ROB TV, will moderate the panel discussion. Panel members include Mark Bridges, Analyst and Executive Director, Institutional Equity Research, Oil & Gas Trusts, CIBC World Markets, Calgary; Scott Jarvis, Portfolio Manager, SoundVest Capital Management Ltd., Ottawa; Glenn MacNeill, Vice President, Investments, Sentry Select Capital Corp., Toronto; and Judith Dwarkin, Chief Economist, RossSmith Energy Group, Calgary.
This exciting event is designed to provide the retail investment community, including investment advisors, wealth managers and individual investors, with a better understanding of the oil and gas royalty trust business model and what these companies do to ensure long-term returns to their stakeholders.
The Symposium is open to all members of the public. Event registration is $25.00 plus G.S.T. This registration fee includes lunch with senior management, binder documentation and delegate gift. A portion of the registration fee will be donated to Social Venture Partners, a Calgary-based charity that focuses on giving back to the community through a new approach to giving (www.svpcalgary.org).
For more information and to register (attendance is limited), please visit the Symposium’s web site at www.incometrustday.com.
Progress is a Calgary based, natural gas focused trust targeting sustainable production and reserves per unit through the utilization of its technical capability and capital investment efficiencies. Primary operating areas include the Deep Basin of northwest Alberta and the Foothills and Plains regions of northeast British Columbia. Units of Progress trade on the Toronto Stock Exchange (TSX) under the symbol PGX.UN. Exchangeable Shares of Progress Energy Ltd. trade on the TSX under the symbol PGE and its convertible debentures trade on the TSX under the symbols PGX.DB and PGX.DB.A.
For further information
Mr. Greg Kist, Vice President, Investor Relations & Marketing, Phone: (403) 539-1809
Progress Energy Ltd., 1200, 205 – 5th Avenue S.W., Calgary, Alberta, T2P 4B9, Toll Free: 1-866-216-2510, Fax: (403) 216-2514, Email email@example.com, Web: www.progressenergy.com
Source: Progress Energy Trust