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2.
used to display ones disatisfaction
You: "So how long have you known this?"
Friend: "Um, everyone has known about it for a while now," Man.
You: "Oh...Well shit..."
by Gina and Tony August 13, 2003
 
1.
An exclamation of surprise.
Well shit Larry, I didn't know you were comming to the reunion.
by Skinner II August 07, 2007
 
3.
An expresion of discontentment in a recent turn of events
"She's going out with bob now... Well Shit"
by boris March 28, 2004