July 22 (Reuters) - Eagle Energy Trust EGL_u.TO :
* Announces strategic Alberta acquisition in the twining field
* Says transaction is valued at approximately $30 million, including
privateco's indebtedness
* Says transaction will be funded out of eagle's existing credit facility of
$110 million
* Privateco has estimated production of approximately 750 barrels of oil
equivalent per day from the twining field in Alberta
* Transaction over 10% accretive to Eagle pro forma cash flow per unit
* Transaction will be completed by amalgamation of privateco with a newly
incorporated Eagle unit
* Agreement with private company for acquisition by Eagle of all the issued and
outstanding shares of private company
* Entitled to match unsolicited competing proposals,receive termination fee of
$750,000 if superior proposal is accepted by privateco
* Source text for Eikon ID:nCCN7g7Vt0
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