Deepwell Energy Services Trust
TSX : DWL.UN

Deepwell Energy Services Trust

May 22, 2007 23:59 ET

Deepwell announces May distribution

CALGARY--(Marketwire - May 22) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Deepwell Energy Services Trust ("Deepwell" or the "Trust") (TSX:DWL.UN) announces today that the cash distribution for the period of May 1, 2007 to May 31, 2007 has been set at $0.06 per Trust unit. The cash distribution is payable on June 15, 2007 to unitholders of record on May 31, 2007.

Additional information about the Trust is available at www.sedar.com and on the Trust's website at www.deepwellenergy.com.

Certain statements in this press release constitute "forward looking" statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Trust or its subsidiaries, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward looking statements.

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