Profile NCE Petrofund is a trust that acquires and manages producing oil and gas properties in Western Canada and distributes the resulting cash flow to unitholders. NCE Petrofund is one of Canada's oldest and most experienced oil and gas royalty trusts. The Fund provides the benefits of owning producing oil and gas properties, without the exploration-related risks associated with investments in common shares of oil and gas companies. Unlike oil and gas companies, whose earnings are retained for reinvestment, NCE Petrofund pays out net cash proceeds from producing properties to the Funds unitholders.
All income flows to unitholders through monthly distributions.
The management of NCE Petrofund is committed to maximizing unitholders interests by providing investors with consistent levels of cash distributions through investments in the oil and gas industry. Distributes Cash and Trust Units to Holders of Common Shares of Magin Energy Inc. NCE Petrofund Corp. Post consolidation 1 for 3 effective July 6, 2001. The information in the reports and press releases speak as of the date each was issued.