Wellco Energy Services Trust

Wellco Energy Services Trust

May 15, 2006 07:00 ET

Wellco Energy Services Trust Declares May Distribution

CALGARY, ALBERTA--(CCNMatthews - May 15, 2006) - Wellco Energy Services Trust (TSX:WLL.UN) has declared a cash distribution of $0.09 per unit for the period May 1, 2006 to May 31, 2006 to be paid on June 15, 2006 to unitholders of record on May 31, 2006. The ex-distribution date is May 29, 2006. This is the first distribution incorporating the 5.88% increase announced on May 4, 2006.

Wellco Energy Services Trust provides a comprehensive array of integrated oilfield drilling and production services to organizations engaged in the exploration and production of oil and natural gas in Western Canada. Drilling services includes accommodations and catering provided for crews of various sizes as well as on-site accommodation for industry professionals, wastewater treatment systems and a suite of equipment rental products that assist oil and gas companies in their efforts to conduct their activities in an environmentally responsible manner. The production services segment provides production testing and frac blow-back tanks as well as completion, work-over and abandonment services through its fleet of service rigs.

Contact Information