The presentation will
include information concerning Precision's 2005 performance, and its 2006
strategy and outlook.U" and on the New York Stock Exchange
under the trading symbol "PDS".

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Precision Drilling Trust to present at the FirstEnergy East Coast Canadian Energy Conference in New York

precisiondrilling.

CONTACT: Jane Crawford, Pennsylvania Historical and Museum Commission,
+1-717-783-9882

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CALGARY, Feb. Thanks to Governor's Budget , State Museum Will Not Charge an Admission Fee

HARRISBURG, Pa.

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UN" and in U.

Pennsylvania Governor Rendell Provides Additional Funding for PHMC's Historic Sites and Museums in Budget

"Governor Rendell recognizes the great value our historic sites and
museums make in the landscape of tourism and travel in Pennsylvania, and we
are grateful that he is willing to support the maintenance of our operation,"
PHMC Executive Director Barbara Franco said today at the start of budget
hearings before the House Appropriations Committee in Harrisburg.

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Shortly after the live webcast, an archived
version of the webcast will be available for approximately 30 days.

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Gene
Stahl, President + Chief Operating Officer of Precision Drilling Corporation,
is scheduled to present at approximately 4:03 p.
Precision Drilling Trust is Canada's largest energy services trust. Pacific time on Friday , February 17, 2006. Precision
provides 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.

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A live webcast of the audio and a copy of the presentation will be
accessible from Precision's website at http://www. Precision provides customers
with access to an extensive fleet of contract drilling rigs, service rigs,
camps, snubbing units and rental equipment backed by a comprehensive mix of
technical support services and skilled, experienced personnel.U" and on the New York Stock Exchange
under the trading symbol "PDS". Gene Stahl, President + Chief Operating Officer
of Precision Drilling Corporation is scheduled to present at approximately
9:10 a.
Additionally, the State Museum of Pennsylvania will not charge an
admission fee this year.

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precisiondrilling.

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Precision Drilling Trust to present at the 9th Annual Whistler Institutional Investor Conference

Headquartered in Calgary, Alberta, Precision is the leading provider of
contract drilling services to the Canadian oil and gas industry.

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Mr.
Precision is listed on the Toronto Stock Exchange under the trading
symbol "PD.
"The Governor's recommended funding levels will also ensure the ongoing
quality of the many educational programs that serve adults and schoolchildren
in the state," Franco said .

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Headquartered in Calgary, Alberta, it is the leading provider of energy
services to the Canadian oil and gas industry.

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24 - Precision Drilling Trust
("Precision") will be presenting at the FirstEnergy East Coast Canadian Energy
Conference, which is taking place March 1 - 3, 2006 in New York City.

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CALGARY, Feb.

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m
Mountain time) on Wednesday, March 1, 2006.

Actual brick and mortar Scouting museums, places where one can arrange a visit to view Scouting collectibles.

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dollars "PD.

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Mr.

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com by selecting
Investor Relations, then Webcast.

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m. The presentation will include
information concerning Precision's 2005 performance, and its 2006 strategy and
outlook. The State Archives,
which hosts the annual Black History in Pennsylvania Conference, is currently
conserving Civil War muster rolls that tell the stories of Pennsylvanians who
fought at Gettysburg and other battles .

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UN" and in U. Shortly after the live webcast, an archived
version of the webcast will be available for approximately 90 days.

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Precision is listed on the Toronto Stock Exchange under the trading
symbol "PD.
The Pennsylvania Trail of History(R) includes historic sites throughout
the commonwealth and serves a million visitors a year.

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m.

Precision Drilling Trust is Canada 's largest energy services trust.

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, The Pennsylvania Historical and
Museum Commission will continue operating its 25 historic sites and museums
and provide top-notch tourist attractions and educational opportunities as a
result of Governor Edward G. Rendell's proposed 2006-07 budget.

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dollars "PD. 10 - Precision Drilling Trust
("Precision") will be presenting at the CIBC World Markets' 9th Annual
Whistler Institutional Investor Conference, which will be held in Whistler,
British Columbia, Canada.
A live webcast of the audio and a copy of the presentation will be
accessible from Precision's website at http://www. The State Museum co-sponsors the
juried Art of the State exhibit each year and provides permanent and changing
exhibits.
The Pennsylvania Historical and Museum Commission is the official history
agency of the Commonwealth of Pennsylvania.