We thank Clay and Felix for the strong vision, the years of leadership and the active guidance they have contributed to the Board and to our growing organization, said Barry Stewart, chairman of the board of Newalta.

Riddell Rose is president and chief executive officer of Paramount Energy Operating Corp. and has overall responsibility for Paramount Energy Trust. She is a director of Paramount Energy Operating Corp. and Paramount Resources Ltd.

Riddell Rose graduated from Queen’s University in 1986 with a Bachelor of Applied Science in Geological Engineering. She is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta; the Canadian Society of Petroleum Geologists; and the American Association of Petroleum Geologists.

We are pleased to welcome Sue to Newalta, and we look forward to adding her experience, oil and gas industry knowledge and management expertise to the Board, said Stewart.