Management Changes at Tristone Capital Inc.

    CALGARY, June 21 /CNW/ - Tristone is pleased to announce that effective
immediately, Tom Ebbern will be joining the Investment Banking group to
replace Brad Hurtubise as a Managing Director of Investment Banking. Mr.
Hurtubise is retiring in September of this year, and we thank him for his many
contributions to Tristone.
    Mr. Ebbern has been a Managing Director of Institutional Research at
Tristone since 2002. He has over 20 years experience and a diverse knowledge
of the oil and gas industry including the upstream energy business, ranging
from exploration geophysics, business development, energy marketing, midstream
development, and project financing.
    Tristone is also pleased to announce that Chris Theal will be replacing
Tom Ebbern as Managing Director of Institutional Research, and will be
responsible for all North American Institutional Research. Mr. Theal joined
Tristone in 2002 and has over 15 years experience as both a research and
corporate analyst.

    About Tristone:

    Tristone Capital is a global energy advisory firm that provides fully
integrated Investment Banking, Acquisitions & Divestitures, and Global Equity
Capital Markets services. With over 150 technical and financial professionals
in offices in the UK, Argentina, Canada and the United States, Tristone offers
exclusively energy-focused capabilities to exploration and production
companies, oilfield service and midstream companies, government entities,
royalty trusts and institutional investors worldwide. Tristone Capital Inc. is
a Member of the IDA and CIPF.

For further information:

For further information: George Gosbee, Chairman, President and C.E.O.
at (403) 294-9541

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