NAL Oil & Gas Trust Clarifies Distribution Policy

CALGARY, ALBERTA--(Marketwire - Oct. 10, 2008) - As a result of questions and feedback from investors, NAL Oil & Gas Trust (TSX:NAE.UN) (the "Trust") would like to clarify items announced in its press release of October 9, 2008. 1) The Board of Directors and management would like to reassure unitholders that NAL's distribution policy has not changed with yesterday's announcement and the Trust intends to continue to pay monthly cash distributions to unitholders in the future. 2) In the Trust's October 9, 2008 press release, the Trust announced the suspension of the Distribution Reinvestment Program ("DRIP") which was a program that granted unitholders the option to automatically reinvest their monthly cash distributions to purchase additional units at a five percent discount to the prevailing market price. As a result of this... [read full story]