December 17, 2009

Paramount Announces Supplemental Debenture Indenture Entered Into and Trading of the Amended Debenture on the Toronto Stock Exchange

December 11, 2009

Paramount Energy Trust Confirms December 2009 Cash Distribution And Updates Hedging

December 7, 2009

Paramount Energy Trust Announces Debentureholder Approval of Amendments to its 6.25% Convertible Debentures Due 2011

December 3, 2009

Paramount Energy Trust Reminds Debenture Amendments Debentureholder Immediate Action Required And Confirms Credit Facility Borrowing Base Redetermination

November 23, 2009

Paramount Energy Trust Announces Enhanced Terms to the Proposed Amendments of Convertible Debentures and Moves Serial Meeting Date to December 7, 2009

November 13, 2009

Paramount Debentureholder Meeting Adjourned to December 2, 2009

November 9, 2009

Paramount Energy Trust Releases Third Quarter 2009 Financial and Operating Results and Confirms November Distribution

October 20, 2009

Paramount Energy Trust Mails Circular Relating to Proposed Amendments to 2010 and 2011 Convertible Debentures

October 16, 2009

Paramount Energy Trust advises of ERCB interim gas over bitumen shut-in order at Legend

October 14, 2009

Paramount Energy Trust Proposes to Amend and Extend its 6.25% Convertible Debentures Due 2010 And 2011

October 13, 2009

Paramount Energy Trust confirms October 2009 cash distribution and updates hedging

September 21, 2009

Paramount Energy Trust Confirms September 2009 Cash Distribution and Announces Adoption of Premium Distribution™ and Distribution Reinvestment Plan

August 13, 2009

Paramount Energy Trust Completes Second Stage Transaction Regarding Profound Energy Inc.

August 11, 2009

Paramount Energy Trust Announces Dismissal by Alberta Securities Commission of ARC Funds Application

August 6, 2009

Paramount Energy Trust Releases Second Quarter 2009 Financial and Operating Results and Confirms August Distribution

July 22, 2009

Paramount Energy Trust Confirms July Distribution, Reinstates DRIP and Advises of ERCB Notice of Hearing

July 21, 2009

Paramount Energy Trust Announces that the ARC Funds Have Filed Applications to the Alberta and Ontario Securities Commissions Regarding the Profound Energy Inc. Takeover Offer and Proposed Amalgamation

July 16, 2009

Profound Energy Inc. Approves Amalgamation Agreement with 1463072 Alberta Ltd. and Recommends Acceptance by Shareholders

July 14, 2009

Paramount Energy Trust Increases Ownership of Profound Energy Inc. to 68.36% and Closes Takeover Bid

June 30, 2009

Paramount Energy Trust Announces Take-Up of Shares of Profound Energy Inc. and Extension of Offer

June 18, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 17, 2009

Paramount Energy Trust Announces Variation of Offer for Profound Energy Inc. and Acquisition of Shares

June 16, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 15, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 15, 2009

Paramount Energy Trust Confirms June Distribution and Extends Offer for Profound

June 12, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 11, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 10, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 9, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 5, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 4, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 3, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 2, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

June 1, 2009

Paramount Energy Trust Announces Extension of Offer for Profound Energy Inc.

June 1, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

May 29, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

May 28, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

May 27, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

May 26, 2009

Paramount Energy Trust Announces Acquisition of Shares of Profound Energy Inc.

May 13, 2009

Paramount Energy Trust Updates Hedging Portfolio $47.7 Million Hedge Crystallization Gains Reduce Bank Debt

May 7, 2009

Paramount Energy Trust Releases First Quarter 2009 Financial and Operating Results and Confirms May Distribution

May 6, 2009

Paramount Energy Trust Announces Intention to Purchase Shares of Profound Energy Inc. on the Toronto Stock Exchange

April 24, 2009

Paramount Energy Trust Announces Mailing of Take-over Bid Circular for Profound Energy Inc.

April 20, 2009

Paramount Energy Trust Confirms April 2009 Distribution and Updates Hedging

April 13, 2009

Paramount Energy Trust Announces Approval of Private Placement with Profound Energy Inc.

March 31, 2009

Paramount Energy Trust Offers to Acquire Profound Energy Inc.

March 12, 2009

Paramount Energy Trust Files Annual Information Form and Form 40-F for the Year Ended December 31, 2008

March 10, 2009

Paramount Energy Trust Releases Year End 2008 Financial and Operating Results, Sets March 2009 Distribution and Revises Capital Budget

March 4, 2009

Paramount Energy Trust Advises on 2008 U.S. Income Tax Reporting

February 27, 2009

Paramount Energy Trust Advises on 2008 Canadian Income Tax Information

February 10, 2009

Paramount Energy Trust Releases 2008 Year End Reserves, Confirms February 2009 Distribution and Updates Hedging

January 20, 2009

Paramount Energy Trust Announces January 2009 Distribution and Revised Capital Budget

January 9, 2009

Paramount Energy Trust Announces Change to Senior Management