Perpetual Energy Inc.

Completed early redemption of outstanding 8.75% senior unsecured senior notes due March 15, 2018. About $27.1 million of the notes were redeemed for cash and $0.5 million were redeemed for new 8.75% senior notes with an extended maturity date of Jan. 23, 2022. Holders of the notes will receive cash in the amount of $7.91 per $1,000 principal amount in each case. Early redemption and issuance of additional notes with extended maturity enhances the company's capital structure and ability to fund 2017 capital program.