CALGARY, Dec. 16, 2015 /CNW/ – (TSX: PMT; PMT.DB.E) – Perpetual Energy Inc. (“Perpetual” or the “Company“) announces that the Alberta Securities Commission (the “ASC“) has scheduled a hearing for December 22, 2015 on matters related to the previously announced rights offering (the “Rights Offering“) of the Company at the request of certain holders of the Company's 7.00% convertible unsecured subordinated junior debentures (the “Certain Debentureholders“). The Certain Debentureholders have appealed the ASC Executive Director's issuance of a receipt for the Prospectus pursuant to section 35 of the Securities Act (Alberta) (the “Act“) and applied to the ASC to cease trade the Rights Offering pursuant to section 198 of the Act.