PetroCorp Group Inc.

December 29, 2010 12:05 ET

PetroCorp Group Inc.: News Release

EDMONTON, ALBERTA--(Marketwire - Dec. 29, 2010) -

This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Larry Patriquin of 3919 - 43rd Avenue, Leduc, Alberta T9E 4V6, has acquired beneficial ownership of 8,814,579 trust units (the "Units") of Petrowest Energy Services Trust (the "Issuer") representing approximately 10.3% of the Issuer's issued and outstanding trust units.

The 8,814,579 trust units were acquired for investment purposes by Mr. Patriquin through the distribution of trust units of the Issuer held by PetroCorp Group Inc. (NEX BOARD:PCG.H) ("PetroCorp") to PetroCorp's shareholders. Mr. Patriquin intends to evaluate these holdings and to increase or decrease his investment in the Issuer as circumstances warrant.

A report respecting this acquisition will be filed with the applicable securities commissions using the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) and will be available for viewing on the Issuer's profile at

Larry Patriquin

Neither the TSX Venture Exchange, nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • PetroCorp Group Inc.
    Larry Patriquin
    (780) 499-7662