Penn West Energy Trust conference call and webcast announcement



    CALGARY, Feb. 20 /CNW/ - (TSX - PWT.UN; NYSE - PWE) Penn West Energy
Trust ("Penn West") is scheduled to release its fourth quarter and year-end
financial and operating results including summary reserves for 2007 on
Thursday, February 21, 2008 after market closing. Following the release of its
financial results, Penn West will conduct a conference call as outlined below:

    
    Date:    Friday, February 22, 2008

    Time:    9:00 a.m. M.S.T.

    Call:    800-731-5774 Toll Free North America
             416-644-3419 Toronto Area

    Replay:  877-289-8525, passcode 21261574 followed by the pound key
             416-640-1917, passcode 21261574 followed by the pound key
             (recording available to March 2, 2008)

    Webcast:
    http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2154680
    

    Penn West trust units and debentures are listed on the Toronto Stock
Exchange under the symbols PWT.UN, PWT.DB.A, PWT.DB.B, PWT.DB.C, PWT.DB.D,
PWT.DB.E and PWT.DB.F and Penn West trust units are listed on the New York
Stock Exchange under the symbol PWE.

    %SEDAR: 00022266E          %CIK: 0001334388




For further information:

For further information: PENN WEST ENERGY TRUST, Suite 2200, 425 - First
Street S.W., Calgary, Alberta, T2P 3L8; Phone: (403) 777-2500, Fax: (403)
777-2699, Toll Free: 1-866-693-2707, Website: www.pennwest.com; Investor
Relations: Toll Free: 1-888-770-2633, E-mail: investor_relations@pennwest.com;
William Andrew, CEO, Phone: (403) 777-2502, E-mail: bill.andrew@pennwest.com


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