09:48 AM EST - Parallel Energy Trust : announced today its capital expenditure plans for 2012. The Trust has established a capital expenditure budget of $16.5 million U.S. for the year, comprised of $16 million U.S. for drilling and workovers and $0.5 million U.S. for facilities infrastructure. Parallel Energy Trust
shares T.PLT.UN are trading up $0.09 at $8.11.