Paramount Energy Trust ("PET" or the “Trust") is an independent natural gas producer based in Calgary, Alberta, Canada. The Trust was launched in February 2003 with a base of shallow natural gas assets in northeastern Alberta. Concentric exploration and exploitation around these base assets sustains production while acquisitions have driven growth. Paramount Energy Trust’s entrepreneurial approach has identified and captured a number of synergistic and diversified grass-roots exploration ventures that will provide the foundation for long-term growth and value creation.

Creating value by bringing energy to market is Paramount Energy Trust's primary guiding principle. Low operating costs, high netbacks and efficient execution of low-cost capital programs puts the Trust ahead of the competition. The Trust finds reserves and adds production economically to convert the prospects within its vast acreage position to cash flow and distributions for its Unitholders.

Paramount Energy Trust has the assets, the team, and the track record of value creation driven by creativity, adaptability and perseverance to outpace its peers. The Trust has demonstrated a strong sustainable cash flow distributing business plan that continues to adapt within an ever- changing environment while delivering premium returns to Unitholders.

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