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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 5, 2005
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
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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.
Dated: December 5, 2005
PRECISION DRILLING TRUST
By its Administrator PRECISION DRILLING
CORPORATION
By: /s/ Darren Ruhr
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Name: Darren Ruhr
Title: Vice President, Corporate Services
and Corporate Secretary
EXHIBIT TITLE
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1 PRESS RELEASE - NEW BOARD MEMBER FOR PRECISION DRILLING
CORPORATION
EXHIBIBT 1
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NEWS RELEASE
Calgary, Alberta, Canada - December 5, 2005
NEW BOARD MEMBER FOR PRECISION DRILLING CORPORATION
Precision Drilling Trust ("the Trust") is pleased to announce the appointment of
Mr. Brian A. Felesky, Q.C. to the Board of Directors of Precision Drilling
Corporation ("the Corporation"), Administrator to the Trust, effective
immediately.
Mr. Felesky is a partner in Felesky Flynn LLP, a tax law specialist firm with 36
lawyers, and he resides in Calgary, Alberta. He is professionally involved in
acquisitions, mergers, financing and restructuring of public and private
corporations, partnerships and trusts, in Canada and internationally. Mr.
Felesky is also a director of Suncor Energy Inc., Epcor Power L.P. and Fairquest
Energy Limited.
Commenting on the new Board appointment, Hank Swartout, Chairman and CEO of
the Corporation, stated: "I am delighted to welcome Brian to the Board. His
appointment brings a wealth of Board experience and professional skills to the
company, and further strengthens the skills available to the Trust. Brian's
experience will be of significant value to the Corporation and ultimately to the
Unitholders."
Precision Drilling Trust is Canada's largest energy services trust.
Headquartered in Calgary, Alberta, the Corporation is the leading provider of
contract drilling services to the Canadian oil and gas industry and provides its
customers with access to an extensive fleet of drilling and service rigs backed
by a comprehensive mix of support services utilizing skilled and 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 the Trust, 4200, 150 - 6th Avenue S.W., Calgary, Alberta T2P
3Y7, Telephone (403) 716-4500, Fax (403) 264-0251; website:
WWW.PRECISIONDRILLING.COM.