Petrocapita Income Trust Signs Farm-Out Agreement

Calgary, Canada, February 14, 2011 --(PR.com)-- Petrocapita Income Trust is pleased to announce the signing of a farm-in agreement with Western Plains Petroleum. Western Plains will pay 100% to earn a 50% interest in the agreed test well spacing unit of 40 acres on Twp 48, Rge 21, W3M (LSDs 1,2,7,8).

Petrocapita is a Calgary based energy investment trust built around the core premise that the world is in a bull market in commodities driven by inflation and a step-change increase in demand and, accordingly, that investments with direct or indirect exposure to commodities in a politically stable environment such as Canada will provide above average returns. Their goal is to match sound macro-economic thinking with sound operational strategies to generate long-term income and capital appreciation. Petrocapita was designed to fill the niche formerly occupied by the public energy income trust and is building a portfolio of oil assets with a focus on low cost acquisition of cash flow. The fund was created to allow investors to add professionally managed oil & gas assets directly to their portfolios without the need to take on the complex responsibilities of ownership themselves. Petrocapita is eligible for all registered plans including RRSPs and TFSAs.

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