Catapult Announces Year End Financial Highlights



    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
    THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY
    CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./

    CALGARY, March 30 /CNW/ - Catapult Financial Management Inc. ("Catapult")
as General Partner for Catapult Energy Limited Partnership I (the
"Partnership") (CPU.un: TSX) announces year end financial highlights for the
period ended December 31, 2006. The Partnership has filed the following
documents on the System for Electronic Documents Analysis and Retrieval
(SEDAR):

    
    1. Audited Financial Statements for the period ended December 31, 2006
       and the notes thereto; and
    2. Management Report of Partnership Performance for the period ended
       December 31, 2006.

    Copies of these documents may be obtained via SEDAR at www.sedar.com.

    Highlights for the period include:

    - Net assets for the Partnership at December 31, 2006 were $12,531,016
    - Net asset value per unit was $8.31 per unit at December 31, 2006
    - Change in unrealized depreciation in value of investments for the
      period was $2,485,651
    - Debt at December 31, 2006 was $691,484
    

    Catapult is a wholly-owned subsidiary of Overlord Financial Inc. (TSXV:
OFI). The Partnership has 1,507,080 units outstanding. Catapult is an
investment manager with expertise in the oil and gas sector.




For further information:

For further information: concerning this press release, please contact:
Catapult Financial Management Inc.: Eric Tremblay, Chief Executive Officer,
(403) 770-4817; Joanne Hruska, President, (403) 770-4814

Organization Profile

CATAPULT FINANCIAL MANAGEMENT INC.

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CATAPULT ENERGY LIMITED PARTNERSHIP I

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