Eagle Energy Trust Announces Completion of Acquisition of Producing Petroleum Properties in North Central Alberta

(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 12/18/14 -- Eagle Energy Trust ("Eagle") (TSX: EGL.UN) is pleased to announce that its subsidiary has completed the previously announced acquisition of a 50% non-operated working interest in producing petroleum properties in the Dixonville Montney "C" oil pool in north central Alberta for a purchase price of $100 million (the "Dixonville Acquisition"). The Dixonville Acquisition was funded with $55 million of Eagle's available cash and the balance from Eagle's credit facility. Details regarding the Dixonville Acquisition are provided in Eagle's December 16, 2014 news release.

About Eagle Energy Trust

Eagle Energy Trust is an oil and gas energy trust created to provide investors with a publicly traded, oil and natural gas focused, reliable distribution paying investment. Eagle's units are traded on the Toronto Stock Exchange under the symbol EGL.UN.

All material information about Eagle may be found on its website at or under Eagle's issuer profile at .



Contacts:
Eagle Energy Inc.
Kelly Tomyn
Chief Financial Officer
(403) 531-1574


Eagle Energy Inc.
Richard W. Clark
President and Chief Executive Officer
(403) 531-1575


Eagle Energy Inc.
Suite 2710, 500-4th Avenue SW
Calgary, Alberta T2P 2V6
531-1575 or 531-1575 (toll free)

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Bereitgestellt von Benutzer: Marketwired
Datum: 18.12.2014 - 20:39 Uhr
Sprache: Deutsch
News-ID 360637
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CALGARY, ALBERTA

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Oil & Gas

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