Advantages of a U.S. Asset Trust
Argent Energy Trust operates as a foreign asset trust with properties held in the U.S. therefore the Trust is not subject to the same taxation rules applicable to a Canadian SIFT trust. This structure enjoys an advantage over taxable Canadian products.
Southern U.S. assets typically enjoy higher realized prices for oil and natural gas compared to Canadian assets.
The Trust is strongly focused on long-lived, predictable, productive assets and is driven by the development and exploitation of low risk opportunities to further increase net asset value.