About Us

Argent Energy Trust was established as a mutual fund trust on January 31, 2012 and completed its IPO on August 10, 2012.  Argent Energy Trust owned, operated and managed oil and gas properties located primarily in South Texas, and Wyoming, U.S., with drilling prospects focused in the Parkman and Turner formations.

On February 17, 2016, Argent Energy Trust and certain subsidiaries filed an application for creditor protection under the Companies’ Creditors Arrangement Act (the “CCAA”) on February 17, 2016.  The Court has appointed FTI Consulting Canada Inc. (“FTI Consulting” or the “Monitor”) to act as court appointed monitor of Argent.  Argent also received an Initial Interim Order on February 22, 2016, to have the CCAA recognized under Chapter 15 in the United States Bankruptcy Court for the Southern District of Texas, Corpus Christi Division.

This action was taken as the logical next step in a strategic process to maximize the value of our assets for all key stakeholders.  CCAA and the Chapter 15 protection kept creditors, suppliers and others from enforcing any rights against Argent and afforded the Company the opportunity to restructure or sell our business in an orderly manner.

On May 17, 2016, Argent announced the sale of all of its oil and gas assets in the US to BXP Partners IV, LP.  The transaction was approved by the Court of Queen's Bench of Alberta and the United States Bankruptcy Court. The proceeds received from the transaction are insufficient to provide any funds for distribution to unitholders or debentureholders of the Trust.  The Trust is currently winding down operations.

Contact Us:

Calgary Office:
Argent Energy Trust 
Suite 500, 321 6th Avenue SW
Calgary AB T2P 3H3
Tel: 403-770-4809
Fax: 403-770-4850

Houston Office:
Argent Energy (US) Holdings Inc.
19901 Southwest Freeway, Suite 105
Sugar Land, TX 77479 USA
Tel: 832-320-9223
Effective June 1, 2016, all accounting enquiries should be directed to BXP Operating LLC, 950 Echo Lane, Suite 200, Houston, Texas, 77024, telephone: 832-871-5400.  All regulatory, revenue, royalty and well enquireies should be directed to BXP Operating LLC, PO Box 7227, Dallas, Texas, 75209, telephone: 405-863-7789.