ARC Energy Trust Cites November Cash Distribution Amount
ARC Energy Trust announced that the cash distribution to be paid on November 17, 2008, in respect of the October 2008 production, for unitholders of record on October 31, 2008, will be $0.24 per trust unit. The distribution currently comprises a base distribution of $0.20 per trust unit and a top up of $0.04 per unit.
Such distribution levels, including the top-up portion, will continue to be reviewed on an ongoing basis in the context of commodity prices and other factors. The ex-distribution date is October 29, 2008.
As of October 15, 2008 the Trust's trailing twelve-month cash distributions, including the October 15, 2008 payment, total $2.68 per trust unit.