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
November
20, 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: November 20, 2006 | By: | /s/ Darren Ruhr |
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Name: Darren Ruhr |
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| Title: Corporate Secretary | ||
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PRECISION
DRILLING TRUST
CONFIRMS
NOVEMBER 2006 CASH DISTRIBUTION
Calgary,
Alberta, Canada - November 20,
2006
Precision
Drilling Trust (“Precision”) confirms today that the cash distribution for
the month of November 2006 will be Cdn$0.31 per
trust unit of Precision.
The distribution will be payable on December 15,
2006 to unitholders of
record on November 30, 2006. The ex-distribution
date is November 28,
2006. A payment of Cdn$0.31 per unit will also
be made to holders of Class
B limited partnership units of Precision Drilling
Limited Partnership
using the same record date and payment date.
An
announcement of any special distribution entitlement
for 2006, pursuant to
the Declaration of Trust, will be made by December
18, 2006.
A
Distribution Reinvestment Plan (the “Plan”) is available for Canadian
resident holders of trust units of Precision. A
copy of the Plan is
available on Precision’s website at www.precisiondrilling.com
and detailed information regarding enrollment in
the Plan can be obtained
from Computershare Trust Company of Canada at 1-800-564-6253
for
registered unitholders. Non-registered unitholders
should contact their
individual investment agent or broker.
Precision
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 Doug Strong,
Chief Financial Officer 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
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