CALGARY, March 12 /CNW/ - NAL Oil & Gas Trust (the "Trust") (TSX: NAE.UN)
will pay a distribution of $0.16 per unit on April 16, 2007, to Unitholders of
record on March 22. The units will begin trading ex-distribution on March 20.
Trailing cash distributions for the past 12 months total $2.13 per unit,
representing an 18.2% cash-on-cash yield based on the March 9, 2007 closing
unit price of $11.73.
NAL Oil & Gas Trust is an open-end investment trust that generates
distributions through the acquisition, development, production and marketing
of oil, natural gas and natural gas liquids. The Trust owns high quality
assets in Alberta, Saskatchewan and Ontario. Trust units trade on the Toronto
Stock Exchange under the symbol "NAE.UN".
For further information:
For further information: Gord Currie, Manager, Investor Relations,
Telephone: (403) 294-3620, Toll Free: (888) 223-8792, Fax: (403) 515-3407,
Email: email@example.com, Website: www.nal.ca