John M. Stewart

ARC Energy Trust invests in all types of energy business-related assets, including petroleum and natural gas-related assets, gathering, processing and transportation assets. The operations of the Trust include acquisition, development, exploitation and disposition of these assets and the distribution of the net cash proceeds from these activities. ARC Energy Trust is an actively managed royalty trust formed to provide investors with indirect ownership in cash generating energy assets, which currently consist of oil and gas assets but in the future may include other related energy assets. ARC Energy Trust was founded on May 7, 1996 and is headquartered in Calgary, Canada.

Progress Energy Ltd. owns the petroleum and natural gas properties and assets. It is an energy trust company focused in the western canadian sedimentary basin. The trust is one of the new hybrid energy trusts focused on sustainability through the drilling of internally generated opportunities. Progress Energy is located in Calgary, Canada.

ProEx Energy Ltd. explores and distributes oil and natural gas. The company provides drilling and exploration services in foothills and plains regions of northeast British Columbia. It services include seismic interpretation and exploratory services for oil and gas industry. The company is listed on the Toronto Stock Exchange under the symbol PXE. It is headquartered in Calgary, Canada.

ARC Financial Corp (ARC Financial) is a private equity/venture capital founded in 1989 by Mac van Wielingen, John Stewart and Phil Swift. The firm is headquartered in Alberta, Canada.