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Penn West Energy Trust Announces The Renewal of Its Bank Facility

Apr 30, 2010

CALGARY, ALBERTA--(Marketwire - April 30, 2010) - Penn West Energy Trust ("Penn West") (TSX:PWT.UN) (NYSE:PWE) announces that its wholly owned subsidiary, Penn West Petroleum Ltd., today closed the renewal of its unsecured, revolving bank facility for a three year term to April 30, 2013. The facility includes a syndicate of Canadian and International banks and has an aggregate borrowing limit of $2.25 billion on which Penn West is currently drawn approximately $1.2 billion. The renewal was jointly led by the Canadian Imperial Bank of Commerce and BMO Capital Markets.

Penn West trust units and debentures are listed on the Toronto Stock Exchange under the symbols PWT.UN, 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.



FOR FURTHER INFORMATION PLEASE CONTACT:

Penn West Energy Trust
Suite 200, 207 - 9th Avenue SW
Calgary, Alberta T2P 1K3
403-777-2500 or Toll Free: 1-866-693-2707
403-777-2699 (FAX)
www.pennwest.com
or
Penn West Energy Trust
Investor Relations:
Toll Free: 1-888-770-2633
investor_relations@pennwest.com
or
Penn West Energy Trust
William Andrew
CEO
403-777-2502
bill.andrew@pennwest.com
or
Penn West Energy Trust
Jason Fleury
Manager, Investor Relations
403-539-6343
jason.fleury@pennwest.com

 
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