Business Services Industry

Enterra Energy Trust, U.S. Energy Corp. and Rocky Mountain Gas, Inc. Announce Acquisition Merger; Merger Valued at Approximately $33.5 Million

Business Wire, Feb 25, 2005

Headquartered in Calgary, Enterra Energy Trust is a Canadian oil and gas income trust operating in Western Canada. The Trust acquires, operates, and exploits crude oil and natural gas wells, focusing on low risk and low cost development. The Trust pays out a monthly distribution, of approximately 80% of cash flow, which is currently $0.14 (U.S.).

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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