Paramount Energy Trust

Paramount Resources Ltd. has retained Scotia Waterous Inc. to sell certain assets in northern Alberta and the Northwest Territories. The package includes Bistcho, Larne and East Negus/Hutch areas in Alberta and the Cameron Hills area in the Northwest Territories. Total production is 3,240 barrels of oil equivalent per day (75 % gas). A bid due date has not been determined. Contact Paul Walmsley, 403-218-6789.