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
December
4, 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.
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PRECISION
DRILLING TRUST
By its Administrator PRECISION DRILLING
CORPORATION
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| Dated: December 4, 2006 | By: | /s/ Darren Ruhr |
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Name: Darren Ruhr |
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| Title: Corporate Secretary | ||
| Exhibit | Title |
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1
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PRESS
RELEASE - PRECISION DRILLING TRUST ANNOUNCES
APPOINTMENT OF TWO NEW
DIRECTORS TO THE BOARD OF PRECISION DRILLING
CORPORATION
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NEWS
RELEASE
PRECISION
DRILLING TRUST ANNOUNCES APPOINTMENT OF TWO NEW DIRECTORS TO THE BOARD OF
PRECISION DRILLING CORPORATION
Calgary,
Alberta, Canada - December 4, 2006
Precision
Drilling Trust is pleased to announce the appointment of an additional two
directors to the board of directors of Precision Drilling Corporation
(“Precision”), the Administrator of Precision Drilling Trust. Mr. Stephen J. J.
Letwin and Mr. Allen R. Hagerman have joined the board of Precision, bringing
the board of directors to ten members effective immediately.
Mr.
Letwin is the Executive Vice President, Gas Transportation & International
at Enbridge Inc. (TSX:ENB) (NYSE:ENB) and resides in Houston, Texas. He received
a Bachelor of Science from McMaster University and an MBA from the University
of
Windsor. Mr. Letwin is also a director of Enbridge Energy Partners L.P., Gaz
Metropolitan Inc. and Mancal Corporation.
Mr.
Hagerman is the Chief Financial Officer of Canadian Oilsands Trust (TSX: COS.UN)
and resides in Calgary, Alberta. He is a chartered accountant and received
a
Bachelor of Commerce from the University of Alberta and an MBA from the Harvard
Business School. Mr. Hagerman is also a director of Syncrude Canada Ltd. and
EPCOR Power LP.
Commenting
on the new Board appointments, Hank Swartout, Chairman and CEO of Precision
stated: “On behalf of management and staff, I am very pleased to welcome both
Stephen and Allen to our board of directors. They both bring significant energy
industry experience and financial expertise to our board, which will provide
valuable insight and guidance to Precision’s strategic direction."
Precision
Drilling Trust is Canada’s largest energy services trust and the leading
provider of energy 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, wastewater treatment 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 Darren Ruhr, Vice President Corporate
Services and Corporate Secretary of Precision Drilling Corporation,
Administrator of Precision Drilling Trust, 4200, 150 - 6th Avenue S.W., Calgary,
Alberta T2P 3Y7, Telephone (403) 716-4500, Fax (403) 264-0251; website:
www.precisiondrilling.com.
4200,
150
- 6th Avenue S.W.
Calgary,
Alberta, Canada T2P 3Y7
Telephone:
403.716.4500
Facsimile:
403.264.0251
www.precisiondrilling.com