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Perpetual Energy, Inc.

Perpetual Energy, Inc.

Sector: Crude Petroleum And Natural Gas Region: Canada


: | Toronto Stock Exchange: PMT | OTC Markets: PMGYF


Perpetual Energy Inc. is an independent energy company producing primarily natural gas with growing volumes of oil and liquids from properties in Alberta, Canada. Perpetual Energy launched on July 1, 2010 through the corporate conversion of Paramount Energy Trust, a royalty trust with a seven-year history as a premium-yielding investment in the royalty trust sector.

Executives

Susan L. Riddell Rose, President and Chief Executive Officer
Sue Riddell Rose has acted as President of Perpetual since its inception with the spin out of Paramount Energy Trust from Paramount Resources Ltd. in 2002. Ms. Riddell Rose graduated from Queen's University, Kingston, Ontario with a Bachelor of Science in Geological Engineering (1986) and has over 25 years of experience in the Canadian oil and natural gas industry. She began her career as a geological engineer with Shell Canada. From 1990 until 2002 Sue was employed by Paramount Resources Ltd. in various capacities culminating in the position of Corporate Operating Officer. She has been a director of Paramount Resources Ltd. since 2000 and a member of the board of directors of Newalta Inc. since 2009. She is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta, the Canadian Society of Petroleum Geologists, the American Association of Petroleum Geologists and is a Governor of the Canadian Association of Petroleum Producers.

Ms. Riddell Rose is actively involved with a number of not-for-profit organizations including; the United Way of Calgary, the Premier's Council for Alberta's Promise, UNICEF Canada, Queen's University, the Hotchkiss Brain Institute and initiatives with Ronald McDonald House Southern Alberta.
Cameron R. Sebastian, Vice-President, Finance and Chief Financial Officer
Mr. Sebastian has over 22 years of experience in the North American energy industry. He was Vice President, Finance of Summit Resources Ltd. from 2000 to 2002 and the company's controller from 1994 to 1997. Prior thereto he was Vice President, Finance of Pursuit Resources Corp. and controller of Coho Energy Inc. in Dallas, Texas.

He graduated in 1986 from the University of Calgary with a Bachelor of Commerce Degree. Mr. Sebastian is a member of the Canadian and Alberta Institutes of Chartered Accountants, the Canadian Petroleum Tax Society and the Treasury Management Association of Canada.
Vicki L. Benoit, Vice President, Production Operations
Ms. Benoit has over 25 years of oil and gas experience leading operations, production and asset teams for Devon Energy Corp., Southward Energy Corp., Starboard Energy Ltd., Perpetual Energy Inc. (formerly Paramount Energy Trust) and consulting in an engineering capacity for various energy companies including Resolute Energy Corp., Omers Energy, and Viking Energy Corp. ual Energy Inc. she has held various management positions for the past 13 years in the industry. She has extensive experience throughout the Western Canadian Basin in shallow gas, shale gas, deep liquid rich gas and oil. Ms. Benoit has engineering experience in both optimization and developing assets with a focus on production, reservoir, A&D, completions, and facilities / infrastructure (design and construction). In addition to managing engineering, she has managed Safety and Compliance, Joint Ventures, Integrity Programs, Surface Land, all while mentoring engineers as well as managing field personnel.


Ms. Benoit was a partner in the private company, Starboard Energy Ltd. Ms. Benoit has a proven track record of evaluating underperforming assets, restructuring the assets to increase profits or increase value for divestiture. The restructuring strategies include: cost reduction, increasing production, restructuring personnel and applying both existing and new engineering technology.
Jeffrey R. Green, Vice President, Corporate and Engineering Services
Mr. Green has over 25 years of experience in the Canadian oil and natural gas industry. His previous industry experience includes Manager, Acquisitions and Divestitures with Paramount Energy Trust and Exploitation Manager and Production Manager at Anadarko Canada Corp. Mr. Green has held additional technical and supervisory positions in other organizations including Norcen and Union Pacific Resources.


Mr. Green graduated in 1986 from the University of Alberta with a Bachelor of Science Degree in Mechanical Engineering. He is a member of the Society of Petroleum Engineers and Association of Professional Engineers, Geologists, and Geophysicists of Alberta.
Gary C. Jackson, Vice President, Land and Acquisitions
Mr. Jackson has over 30 years of experience in the Canadian oil and natural gas industry. He was Vice President, Land of Summit Resources Limited from 2000 to 2002. His career has included the position of Manager of Acquisitions and Divestitures, Joint Venture Midstream and Land Services at Petro-Canada Oil and Gas as well as various positions related to land and contracts with Amerada Hess Canada and Placer Cego Petroleum.

Mr. Jackson graduated in 1977 from the University of Calgary with a Bachelor of Arts in Economics and Commerce. He is a member of the Canadian Association of Petroleum Landmen and the Petroleum Acquisition and Disposition Association.
Linda L. McKean, Vice President, Exploitation
Ms. McKean has 23 years of experience in the Canadian oil and natural gas industry. Ms. McKean has been with Perpetual and the predecessor Paramount Energy Trust since 2004 in the positions of Eastern District Manager and consulting engineer. Her previous industry technical experience includes reservoir engineering positions at Berkely Petroleum and Anadarko Canada Corp, and 10 years at Shell Canada working as a development geologist and as a reservoir engineer.


Ms. McKean graduated in 1988 from the University of Saskatchewan with a Bachelor of Science Degree in Geological Engineering. She is a professional member of the Association of Professional Engineers, Geologists, and Geophysicists of Alberta.
Marcello M. Rapini, Vice President, Marketing
Mr. Rapini joined Perpetual Energy Inc. in December 2005 and has over 20 years of gas marketing and trading experience in the natural gas industry. His previous positions include Vice President of Trade at Sempra Energy Trading, Senior Trader at Mirant Energy Marketing Ltd. and Senior Trader at Duke Energy Marketing.

Mr. Rapini graduated from the University of Calgary with a Bachelor of Arts Degree.

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