Harvest Energy Trust (Harvest) is an integrated energy trust with its petroleum and natural gas business focussed on the operation and development and assets in Western Canada. The Company’s refining and marketing business is focused on the operation of a medium gravity sour crude oil hydrocracking refinery and a retail and wholesale petroleum marketing business both located in the Province of Newfoundland and Labrador. In July 2008, the Company acquired a private oil and natural gas company. In September 2008, Harvest acquired conventional oil and gas properties in the Peace River Arch area of northern Alberta with approximately 1,900 barrel of oil equivalent (boe) of daily production. In August 2009, Harvest Energy Trust, through its indirect wholly owned subsidiary, Harvest Pegasus Inc., acquired approximately 93.5% of the issued and outstanding class A shares of Pegasus Oil & Gas Inc. (Pegasus) and approximately 90.6% of the issued and outstanding class B shares of Pegasus.