11:59 AM EST - Harvest Energy Trust : announced that it has entered into an arrangement deal with Korea National Oil Corporation or KNOC for the purchase of units at $10 per Unit for cash consideration of about $1.8 billion plus assumption of $2.3 billion of debt. An information circular regarding the Arrangement is expected to be mailed to security holders in November 2009 and closing expected to occur prior to year-end. The Arrangement Agreement is subject to formal KNOC board approval on or before October 29, 2009. Harvest Energy Trust
shares T.HTE.UN are trading up $2.45 at $9.75.
