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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: rolatzi who wrote (15908)	7/18/2002 1:03:50 PM
From: Eva	Read Replies (1) \| Respond to of 36161

OT* NAL Oil & Gas declared 12-cent distribution NAL Oil & Gas Trust NAE Shares issued 30,835,241 Jul 17 close $10.12 Thu 18 Jul 2002 News Release Mr. Donald Driscoll reports NAL OIL & GAS TRUST ANNOUNCES AUGUST 2002 DISTRIBUTION NAL Oil & Gas will pay a cash distribution of 12 cents per trust unit on Aug. 15, 2002, to unitholders of record on July 31, 2002. With the distribution payment in August, 2002, for the month of July, the trust will have paid a total of $1.66 per trust unit during the previous 12-month period (Sept. 17, 2001, to Aug. 15, 2002), providing a 16-per-cent return on investment based on the July 17, 2002, closing price of $10.12. Since inception in May, 1996, the trust has paid out $9.22 per trust unit. (c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com well, so 16% is not much, but good security, not sure tho if I should hold on to it? Any input appreciated cheers Eva