Provident Energy Trust says that Mr. Brent Heagy has been appointed Senior Vice President, Finance and Chief Financial Officer (CFO) effective October 1, 2010. Mr. Heagy will succeed Mark Walker who, as previously announced, will be stepping down from the role effective September 30, 2010.

Mr. Heagy was most recently Chief Financial Officer of a Calgary based mid-sized Energy Trust. Prior to that, he was Chief Risk Officer for EnCana Corporation in Calgary, Chief Financial Officer for PanCanadian Energy Corporation's US operations based in Houston, Texas and began his career with Coopers & Lybrand in Calgary. Mr. Heagy graduated from the University of Saskatchewan with a bachelor of Commerce degree in 1982 and received his Chartered Accountant designation in 1985.

"We are very excited to welcome Brent to Provident" said Doug Haughey, President and CEO. "Brent brings a tremendous amount of senior leadership experience and we look forward to his contribution to the Provident team."

"On behalf of Provident's Board of Directors and staff, I would also like to thank Mark Walker for his valuable contribution to Provident since joining Provident's predecessor, Founders Energy, in 1996." said Mr. Haughey. "Mark was instrumental in Provident's success, we will miss his contribution, but wish him every success in his future endeavors."

Tags: Provident Energy Trust