CALGARY, June 12 /CNW/ - NAL Oil & Gas Trust (the "Trust") (TSX: NAE.UN)
will pay a distribution of $0.16 per unit on July 16, 2007, to Unitholders of
record on June 22. The units will begin trading ex-distribution on June 20.
Trailing cash distributions for the past 12 months total $2.04 per unit,
representing a 15.2% cash-on-cash yield based on the June 11, 2007 closing
unit price of $13.45.
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