Wellco Energy Services Trust

Wellco Energy Services Trust

January 14, 2008 08:00 ET

Wellco Announces Appointment of Larry Sawchyn P.Eng as General Manager Water and Waste Water Technologies

CALGARY, ALBERTA--(Marketwire - Jan. 14, 2008) - Wellco Energy Services Trust (TSX:WLL.UN) ("Wellco" or the "Trust") President and CEO, Kenneth M. Bagan, is pleased to announce the appointment of Larry Sawchyn P. Eng. to the position of General Manager Water and Waste Water Technologies within Sanitherm, a division of Wellco. Based in Vancouver, British Columbia, Sanitherm's primary business is the design, assembly and installation of both portable and permanent water and wastewater treatment systems for both industrial and municipal clients in North America and worldwide. Mr. Sawchyn will report to Greg Nufer, Sr. VP Operations and COO and will be responsible for the development and execution of a growth strategy for the division.

Prior to joining Wellco, Mr. Sawchyn held a senior level management position with a major engineering company in which he was the leader of project development and management of water and waste water projects within the Environmental Infrastructure business unit. He has extensive experience in the industry including both industrial and large municipal systems employing a wide range of products from the world's largest suppliers of process equipment. He has also published in excess of a dozen articles in the field of water and wastewater treatment. Mr. Sawchyn holds a Bachelor of Science Degree from the University of Alberta. He is a member of APEGGA in Alberta and APEGBC in British Columbia, as well as the British Columbia Water and Waste Association.

Mr. Ken Bagan states; "we invested in Sanitherm because we believe in the tremendous opportunity the water and waste water business represents in a world where a clean water supply is becoming ever more vulnerable. Larry brings a deep understanding of the issues and the markets they represent, a wealth of experience in the development and management of business. With Larry's personal passion for engineered environment solutions we expect he will lead this business to a bright and profitable future."

On December 22, 2007, Wellco and Peak Energy Services Trust announced a merger of the two companies. Mr. Curt Whitteron, President and COO of Peak says; "we are very pleased to have Larry on board and look forward to the growth we expect he will generate in this business unit of our merged companies."

Wellco Energy Services Trust provides the following products and services:

- Accommodations (both camps and wellsite trailers)
- Full service catering
- Wastewater treatment rentals
- Surface equipment rentals
- Production testing and frac blow-back tanks
- Water and Wastewater treatment design and assembly

This press release may contain forward-looking statements based on the interpretation of industry indicators, reliance upon which involves substantial and unknown risk and uncertainty. These risks and uncertainties are beyond the control of Wellco Energy Services Trust, and no assurance can be given that any of these events or outcomes anticipated by these statements will transpire, or that Wellco Energy Services Trust will benefit therefrom.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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