Parallel Energy Trust confirmed that its cash distribution to be paid on January 23, 2014, in respect of the period from and including December 1, 2013 to December 31, 2013, to unit holders of record on December 31, 2013 will be $0.05 per trust unit. The ex-distribution date is December 27, 2013.

The company also announced the appointment of Tony Swindell as Chief Operating Officer (COO) of the Trust. Tony has held the position of Vice President, Mid-Continent of Parallel since April 2012.