Vault Energy Trust

Vault Energy Trust

July 28, 2005 09:15 ET

Vault Energy Announces Executive Appointment

CALGARY, ALBERTA--(CCNMatthews - July 28, 2005) - Vault Energy Trust (Vault) (TSX:VNG.UN) is pleased to announce the appointment of Mark Kuhn to the position of Vice President, Exploitation and Business Development. Mr. Kuhn will be leading and directing Vault Energy Trust's asset management and business development initiatives. He will also be the corporate officer responsible for internal reserves management.

"We are pleased to have Mark join our executive leadership team. His recent experience in the energy trust sector from IPO to merger, his extensive background in the oil and gas industry and excellent leadership and strategic skills will greatly complement our existing team and organization," said Robert T. Jepson, President and CEO.

Mr. Kuhn holds a Bachelor of Science in Geology from Colorado State University, a Master of Arts in Geology from the University of Missouri, and a Masters in Business Administration in Management from the University of Houston. Most recently Mr. Kuhn was VP Business Development for Calpine Natural Gas Trust and previously held various management and executive positions with Marathon Canada Limited. He joins the Vault team on August 8, 2005.

Vault Energy Trust is a conventional oil and gas income trust that was formed through the corporate reorganization of Chamaelo Energy Inc., completed on June 22 2005. Vault units are traded on the Toronto Stock Exchange (TSX) under the symbol "VNG.UN".

Contact Information

  • Vault Energy Trust
    Robert Jepson
    President and Chief Executive Officer
    (403) 232-8575 ext. 225
    Vault Energy Trust
    Greg Fisher
    VP, Finance and Chief Financial Officer
    (403) 232-8575 ext. 229
    Vault Energy Trust
    Nicole Collard
    Investor Relations
    (403) 232-8575 ext. 296