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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the period May 31, 2006 to June 23, 2006
PENGROWTH ENERGY TRUST
2900, 240 4th Avenue S.W.
Calgary, Alberta T2P 4H4 Canada
(address of principal executive offices)
[Indicate by check mark whether the registrant files or will file annual reports under cover
Form 20-F or Form 40-F.]
[Indicate by check mark whether the registrant by furnishing the information contained in this
Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under
the Security Exchange Act of 1934.]
[If Yes is marked, indicate below the file number assigned to the registrant in connection
with Rule 12g3-2(b):________________]
DOCUMENTS FURNISHED HEREUNDER:
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1.
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Press Release announcing presentation at CAPP 2006 Investment Symposium in Calgary. |
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2.
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Press Release confirming cash distribution for July 15, 2006. |
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3.
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Press Release announcing Annual and Special Meeting Webcast. |
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4.
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Press Release announcing consolidation of trust unit capital. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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PENGROWTH ENERGY TRUST
by its administrator
PENGROWTH CORPORATION
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June 23, 2006 |
By: |
/s/ Gordon M. Anderson
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Name: |
Gordon M. Anderson |
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Title: |
Vice President |
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NEWS RELEASE
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Attention:
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Financial Editors
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Stock Symbol:
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(PGF.A / PGF.B) TSX; |
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(PGH) NYSE |
PENGROWTH ENERGY TRUST TO PRESENT AT CAPP 2006 INVESTMENT
SYMPOSIUM IN CALGARY
(Calgary June 12, 2006) /CCN Matthews/ Pengrowth Energy Trust (Pengrowth) is pleased to announce
that Larry B. Strong, Vice President Geosciences, will present at CAPPs 18th
Annual Oil and Gas Investment Symposium, Calgary, Alberta, Canada. Pengrowths presentation
will take place on June 14, 2006 at 8:50 AM MDT (10:50 AM EST) and will be available online via a
live webcast.
To listen to and view this online event, please visit the Webcast and Multimedia Centre on
Pengrowths website at www.pengrowth.com or the following link:
http://events.onlinebroadcasting.com/capp/061206/index.php
Pengrowth Energy Trust is one of the largest energy royalty trusts in North America. Trust units
trade on the Toronto Stock Exchange ( PGF.B / PGF.A ) and the New York Stock Exchange ( PGH ).
Through the purchase of trust units, unitholders participate in the ownership of a large portfolio
of crude oil and natural gas properties, receiving the net cash flow ( after expenses ), paid
monthly, as the oil and gas reserves are produced. Pengrowths property portfolio is one of the
strongest in the energy trust sector with a proved plus probable reserve life index of 10.5 years
and a reserve base of 219.4 million barrels of oil equivalent. Pengrowths assets are characterized
by low decline rates and high development potential allowing for stable production.
PENGROWTH CORPORATION
James S. Kinnear, President
For further information about Pengrowth, please visit our website www.pengrowth.com or contact:
Investor Relations, E-mail: investorrelations@pengrowth.com
Telephone: (403) 233-0224 Toll Free: 1-800-223-4122 Facsimile: (403) 294-0051
Investor Relations, Toronto, Toll Free: 1-888-744-1111 Facsimile: (416) 362-8191
NEWS RELEASE
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Attention:
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Financial Editors
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Stock Symbol:
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(PGF.A / PGF.B) TSX;
(PGH) NYSE |
PENGROWTH ENERGY TRUST CONFIRMS CASH DISTRIBUTION FOR
JULY 15, 2006
(Calgary June 21, 2006) /CCN Matthews/ Pengrowth Corporation, administrator of Pengrowth Energy
Trust, today confirmed its July 15, 2006 cash distribution will be Cdn $0.25 per trust unit. The
distribution is net of amounts withheld to finance capital expenditures. The ex-distribution date
is June 28, 2006. The distribution will be payable to all unitholders who hold Class A or Class B
trust units on the record date of June 30, 2006.
The distribution of Cdn $0.25 per trust unit is equivalent to approximately U.S. $0.23 per trust
unit using a U.S./Canadian dollar exchange ratio of 1.1087. The actual U.S. dollar equivalent
distribution will be based upon the actual U.S./Canadian exchange rate applied on the payment date,
net of applicable Canadian withholding taxes. This distribution relates to the production month of
May, 2006. Cash distributions paid over the past 12 months now total Cdn $2.92 per trust unit or
approximately U.S. $2.54 per trust unit.
PENGROWTH CORPORATION
James S. Kinnear, President
For further information about Pengrowth, please visit our website www.pengrowth.com or contact:
Investor Relations, E-mail: investorrelations@pengrowth.com
Telephone: (403) 233-0224 Toll Free: 1-800-223-4122 Facsimile: (403) 294-0051
Investor Relations, Toronto, Toll Free: 1-888-744-1111 Facsimile: (416) 362-8191
NEWS RELEASE
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Attention:
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Financial Editors
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Stock Symbol:
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(PGF.A / PGF.B) TSX;
(PGH) NYSE |
PENGROWTH ENERGY TRUST ANNUAL AND SPECIAL MEETING WEBCAST
(Calgary June 23, 2006) /CCN Matthews/ Pengrowth Corporation, administrator of Pengrowth
Energy Trust, is pleased to announce that Mr. James S. Kinnear, Chairman, President and Chief
Executive Officer, will present a company overview following the Annual and Special Meeting of
Unitholders. The meeting will be held on Friday, June 23, 2006 at 10:00 AM Mountain Daylight Time
(MDT) in the Alberta Room, Fairmont Palliser, 133 9th Avenue SW, Calgary, Alberta. .
The presentation will begin at approximately 10:30 AM MDT following the formal portion of the
meeting. To listen to and view this online event, please visit the Webcast and Multimedia Centre
on Pengrowths website at www.pengrowth.com.
Pengrowth Energy Trust is one of the largest energy royalty trusts in North America. Trust
units trade on the Toronto Stock Exchange (PGF.B / PGF.A) and the New York Stock Exchange
(PGH). Through the purchase of trust units, unitholders participate in the ownership of a
large portfolio of crude oil and natural gas properties, receiving the net cash flow (after
expenses), paid monthly, as the oil and gas reserves are produced. Pengrowths property portfolio
is one of the strongest in the energy trust sector with a proved plus probable reserve life index
of 10.5 years and a reserve base of 219.4 million barrels of oil equivalent. Pengrowths assets are
characterized by low decline rates and high development potential allowing for stable production.
PENGROWTH CORPORATION
James S. Kinnear, President
For further information about Pengrowth, please visit our website www.pengrowth.com or contact:
Investor Relations, E-mail: investorrelations@pengrowth.com
Telephone: (403) 233-0224 Toll Free: 1-800-223-4122 Facsimile: (403) 294-0051
Investor Relations, Toronto, Toll Free: 1-888-744-1111 Facsimile: (416) 362-8191
NEWS RELEASE
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Attention:
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Financial Editors
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Stock Symbol:
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(PGF.A / PGF.B) TSX;
(PGH) NYSE |
Pengrowth Energy Trust Announces
Consolidation of Trust Unit Capital
(Calgary, June 23, 2006) Pengrowth Corporation, Administrator of Pengrowth Energy Trust, today
announced that the proposed consolidation of Pengrowths Class A trust units and Class B trust
units into a single class of trust units (Trust Units) was approved by in excess of 98% of the
votes tendered in person or by proxy at the special and annual meetings conducted on June 23, 2006.
The consolidation will become effective as follows:
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effective as of 5:00 p.m. (Calgary time) on June 27, 2006: |
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the restriction on the Class B trust units that they
may only be held by residents of Canada will be eliminated; and |
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effective as of 5:00 p.m. (Calgary time) on July 27, 2006: |
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the Class A trust units will be delisted from the
Toronto Stock Exchange (effective as of the close of markets); |
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the Class B trust units will be renamed as Trust
Units and their trading symbol on the Toronto Stock Exchange will be
changed to PGF.UN; |
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all of the issued and outstanding Class A trust units
will be converted into Trust Units on the basis of one Trust Unit for each
whole Class A Trust Unit previously held (with the exception of Class A
trust units held by residents of Canada who have provided a residency
declaration to Pengrowths Registrar and Transfer Agent, Computershare
Trust Company of Canada); and |
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the Trust Units will be substitutionally listed in
place of the Class A trust units on the New York Stock Exchange under the
symbol PGH (subject to the approval of the NYSE). |
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The conversion of Class A trust units held by residents of Canada into Trust Units pursuant to
the consolidation will constitute a taxable disposition. Holders of Class A trust units who are
residents of Canada and do not wish to have their Class A trust units converted into Trust Units
must deliver a completed Election to Retain Class A Units and Declaration of Canadian
Residency to Computershare at the address specified therein no later than 5:00 p.m. (Calgary
time) on July 25, 2006 in order to retain their Class A trust units. Holders of |
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Class A trust units who are considering filing the election are cautioned that following the
consolidation, the Class A trust units will not be listed on any stock exchange and will not be
transferable. Following the consolidation, for a holder to transfer their Class A trust units
they must first convert such Class A trust units into Trust Units. The Class A trust units that
remain following the consolidation may be converted into Trust Units at any time by providing a
written conversion form to Computershare which will result in a taxable disposition for the
holder at the time of conversion. Holders of Class A trust units will continue to receive all
distributions paid by Pengrowth. |
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All Class A trust units for which an Election to Retain Class A Units and Declaration of
Canadian Residency is not delivered to Computershare before 5:00 p.m. on July 25, 2006 will,
without further act or formality, be automatically converted into Trust Units at 5:00 p.m.
(Calgary time) on July 27, 2006. Holders of Class A trust units who wish to exchange the
certificates representing their Class A trust units for certificates representing the Trust
Units they are entitled to pursuant to the consolidation must complete a letter of transmittal
and deliver it to Computershare at the address specified therein together with the certificates
representing their Class A trust units. |
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The form of Election to Retain Class A Units and Declaration of Canadian Residency and the
form of letter of transmittal will be mailed by Pengrowth to all registered Class A trust
unitholders. |
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Beneficial holders of Class A trust units who wish to receive Trust Units are not required to
take any action and will automatically receive the Trust Units to which they are entitled.
Beneficial holders of Class A trust units who are residents of Canada and who wish to retain
their Class A trust units rather than having them automatically converted to Trust Units should
contact their broker or other intermediary. |
PENGROWTH CORPORATION
James S. Kinnear, Chairman, President and
Chief Executive Officer
For further information about Pengrowth, please visit our website www.pengrowth.com or contact:
Investor Relations, E-mail: investorrelations@pengrowth.com
Telephone: (403) 233-0224 Toll Free: 1-800-223-4122 Facsimile: (403) 294-0051
Investor Relations, Toronto, Toll Free: 1-888-744-1111 Facsimile: (416) 362-8191
Caution Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of securities laws,
including the safe harbour provisions of the Ontario Securities Act and the United States Private
Securities Litigation Reform Act of 1995. Forward-looking information is often, but not always,
identified by the use of words such as anticipate, believe, expect, plan, intend,
forecast, target, project, may, will, should, could, estimate, predict or similar
words suggesting future outcomes or language suggesting an outlook. Forward-looking statements in
this press release include, but are not limited to, statements with respect to the timing and
effects of the implementation of the consolidation.
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Forward-looking statements and information are based on Pengrowths current beliefs as well as
assumptions made by and information currently available to Pengrowth concerning anticipated
financial performance, business prospects, strategies and regulatory developments. Although
management considers these assumptions to be reasonable based on information currently available to
it, they may prove to be incorrect.
By their very nature, forward-looking statements involve inherent risks and uncertainties, both
general and specific, and risks that predictions, forecasts, projections and other forward-looking
statements will not be achieved. We caution readers not to place undue reliance on these
statements as a number of important factors could cause the actual results to differ materially
from the beliefs, plans, objectives, expectations and anticipations, estimates and intentions
expressed in such forward-looking statements. These factors include, but are not limited to: the
volatility of oil and gas prices; production and development costs and capital expenditures; the
imprecision of reserve estimates and estimates of recoverable quantities of oil, natural gas and
liquids; Pengrowths ability to replace and expand oil and gas reserves; environmental claims and
liabilities; incorrect assessments of value when making acquisitions; increases in debt service
charges; the loss of key personnel; the marketability of production; defaults by third party
operators; unforeseen title defects; fluctuations in foreign currency and exchange rates;
inadequate insurance coverage; compliance with environmental laws and regulations; changes in tax
laws; the failure to qualify as a mutual fund trust; and Pengrowths ability to access external
sources of debt and equity capital. Further information regarding these factors may be found under
the heading Business Risks in our managements discussion and analysis for the year ended
December 31, 2005 and under Risk Factors in the Trusts annual information form dated March 29,
2006.
Pengrowth cautions that the foregoing list of factors that may affect future results is not
exhaustive. When relying on our forward-looking statements to make decisions with respect to
Pengrowth, investors and others should carefully consider the foregoing factors and other
uncertainties and potential events. The forward-looking statements contained in this press release
are expressly qualified by this cautionary statement.