CALGARY, ALBERTA–(EMWNews – July 21, 2008) – Endev Energy Inc. (“Endev”) (TSX:ENE) is pleased to announce that Endev received today shareholder and court approvals for the previously announced plan of arrangement pursuant to which Penn West Energy Trust (“Penn West”) will indirectly acquire all of the issued and outstanding common shares of Endev on the basis of 0.041 of a trust unit of Penn West for each outstanding common share of Endev (the “Transaction”). Shareholders of Endev voted in excess of 99% in favour of the Transaction.

Subject to the satisfaction of standard closing conditions, the Transaction is expected to become effective on July 22, 2008.