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Argent Energy Trust
Suite 500, 321 - 6th Avenue S.W.
Phone: (403) 770-4809p:403 770-4809 Calgary, AB  T2P 3H3  Canada Ticker: AET.UNAET.UN
Filed for Bankruptcy on 2/17/2016
On 2/17/2016, Argent Energy Trust and its direct and indirect subsidiaries, Argent Energy (Canada) Holdings Inc. and Argent Energy (U.S.) Holdings Inc. filed with the Court of Queen's Bench of Alberta (the "Court") for protection from its creditors under the Companies' Creditors Arrangement Act (Canada) ("CCAA"). The Court appointed FTI Consulting Canada Ltd. as the Monitor of each of the Companies.
On 2/17/2016, the Company filed for Chapter 15 Bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas (Corpus Christi) under Case #16-20060.
On 5/17/2016, BXP Partners IV, L.P. acquired substantially all of the assets of Argent Energy (U.S.) Holdings Inc., as a result of the Court-approved sale solicitation process conducted within the Companies' Creditors Arrangement Act (Canada) and Chapter 15 of Title 11 of the United States Bankruptcy Code.
This company is no longer actively traded on any major stock exchange.
Business Summary
Argent Energy Trust (Argent) is an unincorporated open-ended limited purpose trust. The Trust is engaged in oil and gas exploration, development and the sale of hydrocarbons and related activities. The Trust owns, operates and manages oil and gas properties located primarily in South Texas, Oklahoma, Kansas, and Wyoming, United States, with drilling prospects focused in the Parkman and Turner formations. The Trust has Eagle Ford and Austin Chalk Shale assets, which produce 1,054 Barrels of Oil Equivalent per Day (Boe/d) of oil and Natural gas liquids (NGL). The Gulf Coast Fields produce 2,633 boe/d of oil and NGL. The Trust's wholly owned subsidiaries include Argent Energy (Canada) Holdings Ltd. and Argent Energy (US) Holdings Inc.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/201512/31/2014Yes-Yes--

Industries
SIC Code Description
6722 Management investment offices, open-end

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
President, Chief Financial Officer of the Administrator Sean P.Bovingdon 4/30/2015 8/5/2011
Chief Operating Officer of the Administrator SteveHicks 4/8/2015 4/8/2015
Independent Director of the Administrator John A.Brussa 58 8/5/2011 8/5/2011
3 additional Officers and Directors records available in full report.

Business Names
Business Name
AET.UN
Argent Energy (US) Holdings Inc.

General Information
Number of Employees: 76 (As of 12/31/2014)
Outstanding Shares: 64,350,000 (As of 9/30/2015)
Stock Exchange: TSE
Fax Number: (403) 770-4850


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Friday, July 21, 2023