UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO SECTION 13A-16 OR 15D-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
APRIL 12, 2006
Commission File Number: 001-14534
PRECISION DRILLING TRUST
(Exact name of registrant as specified in its charter)
4200, 150 - 6TH AVENUE S.W.
CALGARY, ALBERTA
CANADA T2P 3Y7
(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.
Form 20-F Form 40-F X
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1).
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper
of a Form 6-K if submitted solely to provide an attached annual report to
security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper
of a Form 6-K if submitted to furnish a report or other document that the
registrant foreign private issuer must furnish and make public under the laws of
the jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant's "home country"), or under the rules of the home
country exchange on which the registrant's securities are traded, as long as the
report or other document is not a press release, is not required to be and has
not been distributed to the registrant's security holders, and, if discussing a
material event, has already been the subject of a Form 6-K submission or other
Commission filing on EDGAR.
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 Securities Exchange Act of
1934.
Yes No X
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- N/A
Pursuant to the requirements of Section 12 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.
Dated: April 12, 2006
PRECISION DRILLING TRUST
BY ITS ADMINISTRATOR PRECISION DRILLING
CORPORATION
By: "Doug Strong"
Name: Doug Strong
Title:Chief Financial Officer
Exhibit Title
1 PRESS RELEASE - PRECISION DRILLING TRUST FIRST QUARTER 2006
EARNINGS CONFERENCE CALL AND WEBCAST
[Graphic Omitted]
[Logo - Precision Drilling Corporation]
NEWS RELEASE
Calgary, Alberta, Canada - April 12, 2006
PRECISION DRILLING TRUST
FIRST QUARTER 2006 EARNINGS CONFERENCE CALL AND WEBCAST
Precision Drilling Trust ("Precision") intends to release its First Quarter
2006 results at approximately 5:00 a.m. MT (7:00 a.m. ET) on Wednesday,
April 26, 2006 and has scheduled a conference call and webcast to begin
promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.
WEDNESDAY, APRIL 26, 2006 AT 12:00 NOON MT (2:00 P.M. ET)
CONFERENCE CALL DIAL IN NUMBER IS 1-800-814-4861 OR 416-644-3418
A live webcast of the conference call will be accessible on Precision's
website at www.precisiondrilling.com by selecting "Investor Relations",
then "Webcast".
An archived recording of the conference call will be available approximately
one hour after the completion of the call until May 3, 2006 by dialing
1-877-289-8525 or 416-640-1917, passcode 21184628#
Precision Drilling Trust is Canada's largest energy services trust.
Headquartered in Calgary, Alberta, it is the leading provider
of contract drilling services to the Canadian oil and gas industry.
Precision provides customers with access to an extensive fleet of contract
drilling rigs, service rigs, camps, snubbing units and rental equipment
backed by a comprehensive mix of technical support services and skilled
experienced personnel.
Precision Drilling Trust is listed on the Toronto Stock Exchange
under the trading symbol "PD.UN" and in U.S. dollars "PD.U" and on the
New York Stock Exchange under the trading symbol "PDS".
For further information please contact Doug Strong, Chief Financial
Officer of Precision Drilling Corporation, Administrator of the
Trust, 4200, 150 - 6thAvenue S.W., Calgary, Alberta T2P 3Y7,
Telephone (403) 716-4500, Fax (403) 264-0251;
website: www.precisiondrilling.com.