Peak Energy Services Trust

Peak Energy Services Trust

June 02, 2005 16:05 ET

Peak Energy Services Trust Announces Promotion of Curt Whitteron to President and C.O.O.

CALGARY, ALBERTA--(CCNMatthews - June 2, 2005) - Chris Haslam, Chairman and Chief Executive Officer of Peak Energy Services Trust (TSX:PES.UN) ("Peak") is pleased to announce the promotion of Curt Whitteron to President and Chief Operating Officer. Mr. Whitteron has been an integral part of the Peak senior management team since joining Peak as V.P., Operations in August 1996 and subsequently being promoted to the position of Chief Operating Officer in 2003. Coupled with his twenty five years of industry experience, Curt has developed superior leadership skills within our organization. The added role of President is recognition of this leadership and his dedication and commitment in building Peak to be a superior oil and gas service provider throughout Western Canada and the U.S. rocky mountain region.

About Peak Energy Services Trust

Peak Energy Services Trust is a diversified energy services organization providing oilfield equipment and related services to the energy industry throughout western Canada and mid-western United States of America. Peak Energy Services Trust units are list on the Toronto Stock Exchange under the symbol "PES.UN".

Certain information set forth in this document, including management's assessment of Peak's future plans and operations, contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond these parties' control, including the impact of general economic conditions, industry conditions, currency fluctuations, environmental risks, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Peak's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that Peak will derive there from. Peak disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

The TSX have neither approved nor disapproved the information contained herein.

Contact Information

  • Peak Energy Services Trust
    Mr. Christopher E. Haslam
    Chairman and Chief Executive Officer
    (403) 543-7325
    Peak Energy Services Trust
    Suite 1800, 530-8th Avenue SW
    Calgary, Alberta T2P 3S8
    (403) 543-7325
    (403) 543-7335 (FAX)