The Trust's main objective is to create consistent returns for investors through the acquisition and development of oil, and natural gas reserves and production with low risk exploration potential. Consistent with the Trust's objective, Argent Energy Trust pays out a portion of available cash to Unitholders on a monthly basis.
Argent is focused on rebuilding the confidence of the investment community and maximizing Unitholder value. The current focus of the company includes a near term reduction of capital spending, divestment of certain assets in an accretive manner to reduce debt and the reduction of overhead and operating costs. The Argent team is committed to maximizing the cash flow and value from the current set of assets.
Energy Trust was established as a mutual fund trust on January 31,
2012 and completed its IPO on August 10, 2012. The Trust is proud to
have a strong, seasoned management team and a Board of Directors with
many years of experience relating to trusts, oil and gas operations
and capital markets.