Wescorp Energy Inc.
OTC Bulletin Board : WSCE

Wescorp Energy Inc.

November 22, 2006 09:29 ET

Wescorp Announces Governor Steve Cowper as Chairman

EDMONTON, ALBERTA--(CCNMatthews - Nov. 22, 2006) - Wescorp Energy (OTCBB:WSCE) is pleased to announce that former Alaska Governor Steve Cowper has accepted the position of Chairman of the Board. Governor Cowper currently serves on the board of directors.

Doug Biles, CEO of Wescorp Energy is pleased to announce that Governor Steve Cowper has accepted the position of Chairman of the Board. Mr. Biles remarks, "Steve Cowper has over 40 years of professional experience working in 55 countries. His international expertise, presence and long standing relationships will expedite Wescorp's global growth."

Dr. Scott Shemwell, COO of Wescorp comments, "Governor Cowper is a great choice as our Chairman. During the latter half of the third quarter until present, we have put together an experienced and successful management team and implemented the necessary changes to the strategic business units so that Wescorp is able to achieve its goals. In addition, we have also reviewed several technologies for purpose of acquisition. Wescorp has become an energy services and engineering company committed to commercializing new technologies that maximize existing production while increasing economically recoverable petroleum reserves. We have the drilling, production, and process optimization expertise to deliver technological solutions to market in a timely, economic and environmentally friendly manner."

Steve Cowper commented, "I believe that the technologies Wescorp is developing and marketing will have a major positive effect on the environment, and they will reduce operational cost as well. At the moment, we are a relatively small company. If you're small, you have to make wise decisions, and make them fast. If you're fast, you have to have sound instincts. Sound instincts in the energy business today require a broad level of experience. We've got that experience on many fronts."

About Governor Steve Cowper

- Served in the Alaska House of Representatives where he was Chairman of the House Finance Committee

- Directed a major revision of Alaska tax policy and oversaw the State of Alaska's annual budget for 4 years

- Served as Chairman of the Board of Trustees of the Alaska Permanent Fund Corporation, now a $35 billion fund and recognized as the best managed public fund in the USA

- As Governor, he personally wrote legislation establishing the Alaska Science and Technology Foundation, the first state-endowed scientific research foundation in the USA

- As Governor, he initiated an aggressive international trade policy, raising exports from $1.2 billion to $3.6 billion

- Negotiated with Federal Express and other airfreight carriers to establish Anchorage as one of the world's largest international air cargo hubs

- Managed the Exxon Valdez crisis and successfully lobbied the US Congress for major oil-spill legislation

- Lead Governor for Energy Policy for the National Governors Association and Chairman of the Interstate Oil and Gas Compact Commission, the oversight organization for state regulation of oil and gas production in the USA

- President of the Northern Forum, an international association of 22 northern regional governments

- As Representative of Alaska Native 8(A) Company, initiated a marketing process which resulted in the generation of $45 million in annual gross revenues in only 3 years

- Served as US government contractor (US Trade & Development Agency) specializing in public infrastructure needs analysis in West African countries

- Through contract funded by World Bank and UNDP, drafted legislation for the Democratic Republic of Sao Tome and Principe to govern the spending of future oil revenues and to create a permanent investment fund.

- Sponsored by the World Bank to make presentations on resource-derived revenue policy in 2004

- Co-authored a report on electrical power generation and transmission for the Alaska Industrial Development an Export Authority

- Chairman of the Northeast Asia Economic Forum, through which major government, industry, and academic representatives submit regular analyses of large cross-border energy infrastructure projects

- Authored and published "After California", in Energy Markets October 2001, "A National Oil and Gas Trust", in National Gas & Electricity September 2004

- Authored a chapter in a book now in publication, edited by the Head of the World Bank Reserves Advisory and Management Program

About Wescorp

Wescorp Energy Inc. (www.wescorpenergy.com) is an energy services and engineering company committed to commercializing new technologies intended to increase existing production while also increasing economically recoverable petroleum reserves. The company focuses its drilling, production, and process optimization expertise to deliver technology solutions to market in a timely, economic and environmentally friendly manner.

Our Flowstar Technologies Inc. division (www.flowstardcr.com) produces advanced natural gas and gas liquids measuring devices based on a patented turbine-based Digital Chart Recorder (DCR) metering system. DCR meters are self-contained energy-efficient units with integrated flow computers that are more accurate, easy to install and cost-effective than conventional flow-metering systems. They install directly near the well-head and do not require external power, metering loops, heated shelters or alcohol injectors to protect them from weather condition to -50 degreesC.

Ellycrack AS, a Norwegian corporation with which we have a binding agreement to enter into a joint-venture (www.ellycrack.com), is providing a permanent heavy oil upgrading pre-processing technology enabling low-cost transport to the refinery. In addition to the arrangement for a joint venture, we also own an approximate 13% equity interest in Ellycrack AS.

Wescorp shares currently trade on the NASD-OTCBB Exchange under the symbol "WSCE."

Safe Harbor Statement

Any statements contained herein that are not historical facts are forward-looking statements, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future.

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