True Energy Trust is a medium-sized, exploration and production trust based in Calgary, Alberta, Canada.

True’s approach to providing unit holders with distributions and superior returns is based on combining its commitment to fiscally conservative management with a disciplined but opportunistic approach to technically-focused exploration and high-quality acquisitions.

True’s assets comprise a high-quality portfolio of properties concentrated in key areas of Alberta and Saskatchewan, with some British Columbian assets in the Peace River Arch region. The trust has a significant multi-year drilling inventory of locations in Alberta, Saskatchewan and British Columbia.

True was formed through a plan of arrangement among True Energy Inc., TKE Energy Trust and Vero Energy Inc. Effective November 2, 2005, and pursuant to this plan of arrangement, all of the outstanding common shares of True were acquired by TKE, the name of TKE was changed to True Energy Trust, and the outstanding trust units of TKE were consolidated on a one for two basis.

True is traded on the Toronto Stock Exchange under the symbol TUI.UN.
 
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