PrimeWest Energy Trust Announces Distribution Level for April, 2004 and Annual Information Form Filing

PrimeWest Energy Trust Announces Distribution Level for April, 2004 and Annual
Information Form Filing 


CALGARY, March 11  /PRNewswire-FirstCall/ -- (TSX: PWI.UN; PWX; NYSE: PWI) -
PrimeWest Energy Trust (PrimeWest) today announces that the distribution payable
April 15th, 2004 will be $0.25 Canadian per trust unit payable to all
unitholders of record on March 22nd, 2004. The ex-distribution date will be
March 18th, 2004.

Using a Canadian dollar to U.S. dollar exchange ratio of 1.32, this distribution
amount would be approximately U.S.$0.19. The actual U.S. dollar equivalent
distribution will be based upon the actual U.S./Canadian exchange rate applied
on the payment date net of applicable Canadian withholding taxes.

PrimeWest also announces thesimultaneous filing of its Annual Information Form
(AIF) on the System for Electronic Document Analysis and Retrieval (SEDAR) in
Canada, and on the Electronic Data Gathering, Analysis, and Retrieval (EDGAR)
system in the United States. The AIF containssupplemental disclosure including
detailed reserves information as mandated by National Instrument 51-101. The Net
Reserves table previously disclosed on page 13 of the release of February 20th
has been revised by the Trust's Independent Engineers to reflect certain line
item changes, although the reserves closing balances remain the same. The
revised version of the table can be found on page 25 of the AIF.

PrimeWest is a Calgary-based conventional oil and gas royalty trust that
actively acquires, develops, produces, and sells natural gas, crude oil, and
natural gas liquids for the generation of monthly cash distributions to
unitholders. Trust units of PrimeWest are traded on the Toronto Stock Exchange
(TSX) under the symbol "PWI.UN" and on the New York Stock Exchange under the
symbol "PWI". Exchangeable shares of PrimeWest Energy Inc. are listed on the TSX
under the symbol "PWX". 

DATASOURCE: PrimeWest Energy Trust



CONTACT: learn more about PrimeWest on our Web site,

http://www.primewestenergy.com/, for Investor Relations inquiries, please
contact:

George Kesteven, Manager, Investor Relations, [phone], Cindy Gray,

Investor Relations Advisor, [phone], Toll-free: 1-877-968-7878, e-mail:

;

To request a free copy of this organization's annual report, please go to

http://www.newswire.ca/ and click on reports@cnw.

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