Petrowest Energy Services Trust announces the appointment of Lloyd Wiggins as Chief Financial Officer



    CALGARY, Jan. 8 /CNW/ - Petrowest Energy Services Trust ("Petrowest")
(TSX - "PRW.UN") announced today the appointment of Mr. Lloyd A. Wiggins C.A.
as Chief Financial Officer effective immediately.
    Mr. Wiggins assumes the position previously held by Mr. John Paul who has
left to pursue personal interests. Mr. Paul will provide consulting services
as required with Petrowest until mid March to assist Petrowest with year end
activities and to ensure a smooth transition. Petrowest expresses its sincere
appreciation to Mr. Paul for his efforts in helping create Petrowest.
    Mr. Wiggins has over twenty years of experience as a financial executive
with mid-sized to global publicly traded entities in real estate and energy
and has spent the last five years as an Executive Vice President and CFO in
the trust sector. Kenneth N. Drysdale, the President and Chief Executive
Officer of Petrowest stated: "We are very pleased to have someone of Lloyd's
calibre and background join Petrowest. His experience in the capital markets
and the trust environment will enhance our ability to adapt and grow in the
current challenging business environment."
    Mr. Wiggins has a Bachelor of Commerce degree from the University of
Saskatchewan and is a member of the Canadian Institute of Chartered
Accountants.

    Petrowest is a leading provider of pre-drilling and post-completion
energy and civil infrastructure services to the northern region of the western
Canadian sedimentary basin. Petrowest is an unincorporated, open-ended,
limited purpose, mutual fund trust established under the laws of Alberta.





For further information:

For further information: Kenneth N. Drysdale, President and Chief
Executive Officer, info@petro-west.com

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PETROWEST ENERGY SERVICES TRUST

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