Swan Hills Energy Limited Partnership Announces Non-Material Amendment to Limited Partnership Agreement



    /NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES
    NEWSWIRE SERVICES/

    CALGARY, Dec. 28 /CNW/ - Swan Hills Energy Limited Partnership (SWE.UN -
TSX-V) ("Swan Hills") announced today that it has amended and restated the
Amended and Restated Limited Partnership Agreement dated effective
August 23, 2005 in respect of Swan Hills. These amendments are not material
and clarify the allocation of net income or loss of for tax purposes of Swan
Hills.
    A copy of the Amended and Restated Limited Partnership Agreement dated
effective December 28, 2007 is available under Swan Hills' profile on the
SEDAR website at www.sedar.com.

    The TSX Venture Exchange has neither approved nor disapproved the
    information contained herein.




For further information:

For further information: D. Alan Ross, President, Swan Hills Energy
Limited Partnership, Telephone - (403) 294-6889, Fax - (403) 294-0105, Email -
aross@matcocap.com; David M. McGoey, Chief Financial Officer, Swan Hills
Energy Limited Partnership, Telephone - (403) 294-6497, Fax - (403) 294-0105,
Email - dmcgoey@matcocap.com

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SWAN HILLS ENERGY LIMITED PARTNERSHIP

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