Wellco Energy Services Trust

Wellco Energy Services Trust

November 05, 2007 17:01 ET

Wellco Energy Services Trust Announces Board of Directors Appointment

CALGARY, ALBERTA--(Marketwire - Nov. 5, 2007) - The Board of Directors of Wellco Energy Services Inc., administrator of Wellco Energy Services Trust, (TSX:WLL.UN) (the "Trust" or "Wellco") is pleased to announce the appointment of Mr. Edward H. Kernaghan to the Board of Directors.

Mr. Kernaghan has been President of Principia Research Inc. since October 2000, and is the Executive Vice President of Kernaghan Securities Ltd. and Kernwood Ltd.

In addition, Mr. Kernaghan is currently a director of Collicutt Energy Services Ltd., Brick Brewing Co. Limited and Boralex Inc. Mr. Kernaghan brings a wealth of experience in the capital markets as well as on other public company boards and we look forward to his valuable strategic guidance.

Kernwood Ltd., together with affiliated parties, currently own approximately 16.88% of the trust units of Wellco.

Wellco Energy Services Trust provides the following products and services:

- Accommodations (both camps and wellsite trailers)

- Full service catering

- Wastewater treatment rental

- Surface equipment rentals

- Production testing and frac blow-back tanks

- Service rigs

- Water and Wastewater treatment design and fabrication

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

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