Wellco Energy Services Trust

Wellco Energy Services Trust

December 15, 2006 06:00 ET

Wellco Energy Services Trust Declares December Distribution

CALGARY, ALBERTA--(CCNMatthews - Dec. 15, 2006) - Wellco Energy Services Trust (TSX:WLL.UN) has declared a cash distribution of $0.09 per unit for the period December 1, 2006 to December 31, 2006 to be paid on January 15, 2007 to unitholders of record on December 29, 2006. The ex-distribution date is December 27, 2006.

The Trust's trailing 12-month cash distributions, including the January 15, 2007 payment will total $1.06 per trust unit.

Wellco Energy Services Trust provides an integrated array of 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.

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