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Harvest Energy Trust Obtains Receipt For Preliminary Prospectus

Oct 8, 2003 - 11:17 ET


Not For Distribution To U.S. Newswire Services Or For 
Dissemination In The United States. Any Failure To Comply With 
This Restriction May Constitute A Violation Of U.S. Securities 

Harvest Energy Trust ("Harvest") today announced that on 
September 4, 2003 the Alberta Securities Commission, on behalf of 
securities regulators in Alberta, British Columbia, Saskatchewan, 
Manitoba, Ontario, Quebec, Nova Scotia, New Brunswick, Prince 
Edward Island, and Newfoundland and Labrador issued a receipt for 
a Preliminary Prospectus filed by Harvest.  

The net proceeds from the issue of Harvest Trust Units under the 
offering will be used to partially fund the acquisition of the 
Carlyle properties in South Eastern Saskatchewan, as described in 
the July 29th, 2003 press release.  

This news release does not constitute an offer to sell or 
solicitation of an offer to buy any securities of Harvest in any 
jurisdiction nor shall there be any sale of securities in an 
jurisdiction in which such offer, solicitation or sale would be 
unlawful prior to the qualification or registration under 
applicable securities laws. An offering may only be made in 
Canada by means of a prospectus.  

ADVISORY: Certain information regarding Harvest Energy Trust and 
Harvest Operations Corp. including management's assessment of 
future plans and operations, may constitute forward-looking 
statements under applicable securities law and necessarily 
involve risks associated with oil and gas exploration, 
production, marketing and transportation such as loss of market, 
volatility of prices, currency fluctuations, imprecision of 
reserve estimates, environmental risks, competition from other 
producers and ability to access sufficient capital from internal 
and external sources; as a consequence, actual results may differ 
materially from those anticipated in the forward-looking 



Harvest Energy Trust
Jacob Roorda
(403) 265-1178
(403) 265-3490 (FAX)


Harvest Energy Trust
David M. Fisher
Vice President, Finance
(403) 265-1178
(403) 265-3490 (FAX)