Primewest Energy Trust Announces Distribution Level for January, 2004

Primewest Energy Trust Announces Distribution Level for January, 2004 


CALGARY, Dec. 11  /PRNewswire-FirstCall/ -- (TSX: PWI.UN; PWX; NYSE: PWI) -
PrimeWest Energy Trust (PrimeWest) today announces that the distribution payable
January 15th, 2004 will be $0.32 Canadian per trust unit payable to all
unitholders of record on December 22nd, 2003. The ex-distribution date will be
December 18th, 2003.

Using a U.S. dollar to Canadian dollar exchange ratio of 1.3263, this
distribution amount would be approximately U.S.$0.24. 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 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".

Learn more about PrimeWest on our Web site, http://www.primewestenergy.com/. 

DATASOURCE: PrimeWest Energy Trust



CONTACT: George Kesteven, Manager, Investor Relations,

403-699-7367, Cindy Gray, Investor Relations Advisor, 403-699-7356, 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.

Copyright