NAL Oil & Gas Trust Announces August Distribution

- August 10th, 2010

NAL Oil & Gas Trust (TSE:NAE.UN) will pay a distribution of $0.09 per unit on September 15, 2010, to Unitholders of record on August 23, 2010.

NAL Oil & Gas Trust (TSX:NAE.UN) will pay a distribution of $0.09 per unit on September 15, 2010, to Unitholders of record on August 23, 2010.

The press release is quoted as saying:

The current monthly distribution annualized totals $1.08 per unit, and represents a 9.9% cash-on-cash yield based on the August 9, 2010 closing unit price of $10.94.

Click here to access the entire press release

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