EX-99.1 2 ex991.htm NEWS RELEASE DATED FEBRUARY 19, 2009

ex991.htm

Exhibit 99.1

News release via Canada NewsWire, Calgary 403-269-7605

	    Attention Business/Financial Editors:
	    Penn West Energy Trust confirms February cash distribution

	    CALGARY, Feb. 19 /CNW/ - (TSX - PWT.UN; NYSE - PWE) Penn West Energy
Trust ("Penn West") confirms that its February 2009 cash distribution will be
CDN$0.23 per trust unit payable on March 13, 2009 to unitholders of record on
February 27, 2009. The ex-distribution date is February 25, 2009.
	    The CDN$0.23 per unit is equivalent to approximately US$0.18 per unit
(before deduction of any applicable Canadian withholding tax) using currency
exchange of one Canadian dollar equals US$0.80. Registered unitholders with
U.S. addresses will receive their distributions directly from Penn West's
transfer agent, and will be paid in U.S. currency using the exchange rate in
effect on the record date. Non-registered U.S. unitholders will receive their
distributions through their brokers.

	    Penn West trust units and debentures are listed on the Toronto Stock
Exchange under the symbols PWT.UN, PWT.DB.B, PWT.DB.C, PWT.DB.D, PWT.DB.E and
PWT.DB.F and Penn West trust units are listed on the New York Stock Exchange
under the symbol PWE.

	    %SEDAR: 00022266E          %CIK: 0001334388

	    /For further information: PENN WEST ENERGY TRUST, Suite 200, 207 - 9th
Avenue S.W., Calgary, Alberta, T2P 1K3, Phone: (403) 777-2500, Fax: (403)
777-2699, Toll Free: 1-866-693-2707, Website: www.pennwest.com; Investor
Relations: Toll Free: 1-888-770-2633, E-mail: investor_relations(at)pennwest.com;
William Andrew, CEO, Phone: (403) 777-2502, E-mail: bill.andrew(at)pennwest.com;
Jason Fleury, Manager, Investor Relations, Phone: (403) 539-6343, E-mail:
jason.fleury(at)pennwest.com/
	    (PWT.DB.B. PWT.DB.D. PWT.DB.E. PWT.DB.F. PWT.DB.A. PWT.DB.C. PWT.UN. PWE)

CO:  Penn West Energy Trust

CNW 17:39e 19-FEB-09