Argent Energy (ANGYF) 0.0001 $ANGYF
Argent Energy Trust completes the sale of substantially all assets
CNW Group - Tue May 17, 5:32PM CDT
Argent Energy Trust ("Argent" or the "Trust"
announces that it has completed the previously announced sale of substantially all of the assets of Argent Energy (U.S.) Holdings Inc., an indirect wholly-owned subsidiary of the Trust, to BXP Partners IV, L.P. (the "Transaction". The Transaction was approved by the Court of Queen's Bench of Alberta and the United States Bankruptcy Court (collectively, the "Courts" on May 10, 2016 and May 11, 2016, respectively.
Argent Energy Trust Receives Court Approval for the Sale of Substantially all Assets
CNW Group - Wed May 11, 4:41PM CDT
Argent Energy Trust ("Argent" or the "Trust" announces that the Trust and its direct and indirect subsidiaries, Argent Energy (Canada) Holdings Inc. ("Argent Canada" and Argent Energy (U.S.) Holdings Inc. ("Argent U.S." and, collectively with the Trust and Argent Canada, the "Applicants", have obtained the approval of the Court of Queen's Bench of Alberta (the "Court" and the United States Bankruptcy Court with respect to the purchase and sale agreement (the "Sale Agreement" dated April 14, 2016 between Argent U.S. and BXP Partners IV, L.P. (the "Purchaser", providing for the sale of substantially all of the assets of Argent U.S. to the Purchaser, together with all other matters contemplated by the Sale Agreement (the "Transaction".
Argent Energy Trust continues sale solicitation process
CNW Group - Fri Feb 19, 3:30PM CST
Argent Energy Trust (the "Trust" (TSX: AET.UN) announces that, as part of the initial order (the "Initial Order" granted on February 17, 2016 by the Court of Queen's Bench of Alberta (the "Court", the Trust and its direct and indirect subsidiaries, Argent Energy (Canada) Holdings Inc. ("Argent Canada" and Argent Energy (U.S.) Holdings Inc. ("Argent U.S.", and together with the Trust and Argent Canada, the "Applicants" or "Argent", have received court approval for the continuation of the previously announced sale solicitation process (the "Sale Solicitation Process" to be conducted within the CCAA proceedings by The Oil & Gas Clearinghouse, LLC ("OGAC" under the supervision of FTI Consulting Canada Inc. (the "Monitor". The Court also approved the continued engagement of OGAC as sales agent in connection with the Sale Solicitation Process. The Sale Solicitation Process is intended to generate interest in either the business or the assets of Argent U.S. with the goal of maximizing the return in respect of the assets of the Applicants.
AET-UN.TO: 0.01 (unch)
Argent Energy Trust Announces Toronto Stock Exchange Listing Eligibility Review
CNW Group - Tue Feb 02, 4:00PM CST
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) today announced that the Toronto Stock Exchange (the "TSX" is reviewing the eligibility for continued listing on the TSX of the securities of Argent, including the trust units of the Trust (AET.UN), the 6.00% convertible unsecured subordinated debentures due June 30, 2018 of the Trust (AET.DB) and the 6.50% convertible unsecured subordinated debentures due December 30, 2018 of the Trust (AET.DB.A). The TSX has initiated the delisting review as a result of, among other matters, the market capitalization of Argent falling below the levels required under the TSX Company Manual.
AET-UN.TO: 0.01 (unch)
TSX Delisting Review - Argent Energy Trust (Symbol: AET.DB)
CNW Group - Tue Feb 02, 7:30AM CST
DELISTING REVIEW Argent Energy Trust (the "Trust" - TSX is reviewing the Trust Units (Symbol: AET.UN), 6.00% Convertible Unsecured Subordinated Debentures (AET.DB) and 6.50% Convertible Unsecured Subordinated Debentures (AET.DB.A) of the Trust with respect to meeting the continued listing requirements. The Trust has been granted 30 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.
X.TO: 51.93 (+0.31)
Argent Energy Trust announces early termination of swaps and resignation of executive chairman
CNW Group - Fri Jan 29, 7:00AM CST
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) today announces that, as a result of the occurrence of Argent's previously announced event of default under its credit facility, the counterparties to Argent's swaps have terminated those arrangements and set off the amounts owing to Argent's US-based operating subsidiary thereunder (approximately US $12.4 million in the aggregate) against the amounts outstanding under Argent's credit facility (under which Argent's US-based operating subsidiary is the borrower). Accordingly, the amount outstanding under Argent's credit facility has been reduced to approximately US $50.6 million, with a $1.3 million letter of credit also outstanding.
AET-UN.TO: 0.01 (unch)
Argent Energy Trust announces event of default under credit facility and engagement of advisor to explore sale alternatives
CNW Group - Wed Jan 27, 7:00AM CST
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) announces that to date Argent has been unable to reduce the amount outstanding under its credit facility to the amount of the borrowing base under the facility of US$45 million.
AET-UN.TO: 0.01 (unch)
IIROC Trade Resumption - Argent Energy Trust 6.50% subordinated unsecured convertible debentures
Newsfile Corp - Tue Jan 05, 7:00AM CST
Trading resumes in:
IIROC Trade Resumption - AET.DB, AET.DB.A
CNW Group - Tue Jan 05, 6:59AM CST
Trading resumes in:
Argent Energy Trust announces subordinated unsecured convertible debentures will trade on an interest flat basis
CNW Group - Mon Jan 04, 8:00PM CST
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) announced today that the Toronto Stock Exchange ("TSX" has advised Argent that its 6.00% subordinated unsecured convertible debentures due June 30, 2018 and its 6.50% subordinated unsecured convertible debentures due December 30, 2018 (collectively, the "Subordinated Debentures" will commence trading on an interest flat basis on January 5, 2016.
AET-UN.TO: 0.01 (unch)
IIROC Trading Halt - AET.DB, AET.DB.A
CNW Group - Mon Jan 04, 7:43AM CST
The following issues have been halted by IIROC:
IIROC Trade Halt - Argent Energy Trust 6.5% convertible unsecured subordinated debentures
Newsfile Corp - Mon Jan 04, 7:42AM CST
The following issues have been halted by IIROC:
Argent Energy Trust announces non-payment of interest on subordinated unsecured convertible debentures
CNW Group - Fri Jan 01, 8:00AM CST
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) today announced that Argent has not made the $2,572,500 and $2,047,500 semi-annual interest payments (collectively, the "Interest Payments" due on its 6.00% subordinated unsecured convertible debentures due June 30, 2018 and its 6.50% subordinated unsecured convertible debentures due December 30, 2018 (collectively, the "Subordinated Debentures", respectively. The Interest Payments were due on December 31, 2015. The Subordinated Debentures are obligations of the Trust only, and are expressly subordinated to, among other things, ordinary trade debt of Argent and its subsidiaries.
AET-UN.TO: 0.01 (unch)
Argent Energy Trust Provides Credit Facility Update
CNW Group - Mon Nov 30, 6:00AM CST
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) today announced that Argent's banking syndicate has completed their semi-annual review of Argent's credit facility and has elected to reduce the facility's conforming borrowing base from US$80 million to US$45 million as a result of current commodity prices. Argent is currently US$65 million drawn on the facility, with a $1.3 million letter of credit outstanding also, and under the Credit Agreement there is a 60-day cure period in which to cover the difference to the new conforming borrowing base. Argent is working with the banking syndicate to review options to address the difference and is also actively exploring alternative financing options.
AET-UN.TO: 0.01 (unch)
Argent Energy Trust Reports Third Quarter 2015 Results
CNW Group - Thu Nov 12, 6:43PM CST
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) is pleased to provide its financial and operating results for the quarter ended September 30, 2015 ("Q3 2015". For Q3 2015, average production was 4,455 boe/d barrels of oil equivalent per day ("boe/d", of which 66% was oil and NGLs, producing funds flow from operations of $13.8 million ($0.21 per unit of the Trust ("Unit") for the quarter reflecting lower operating and administrative costs from Q2 2015. After adjusting for the strategic divestitures in Q2 2015, production for Q3 2015 increased sequentially by 3% to 4,455 boe/d, from 4,311 boe/d in Q2 2015. The increase was due to new production from the capital drilling incurred in the first half of 2015 in the Wyoming properties, offset by natural declines.
AET-UN.TO: 0.01 (unch)
Argent Energy Trust Reports Second Quarter 2015 Results
CNW Group - Tue Aug 11, 3:54PM CDT
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) is pleased to provide its financial and operating results for the quarter ended June 30, 2015 ("Q2 2015". For Q2 2015, average production was 4,942 boe/d barrels of oil equivalent per day ("boe/d", of which 64% was oil and NGLs, producing funds flow from operations of $13.9 million ($0.22 per unit of the Trust ("Unit") for the quarter reflecting lower operating costs from Q1 2015. This production level reflects the sale of the Manvel Field assets during the quarter, and natural declines on the Eagle Ford oil and South Texas gas wells drilled in mid-2014.
AET-UN.TO: 0.01 (unch)
Argent Energy Trust Closes Asset Sale and Renews Credit Facility
CNW Group - Wed Jul 01, 11:29AM CDT
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) is pleased to announce it has closed the previously announced sale of its interests in Oklahoma and Kansas ("Mid-Continent" for gross proceeds of US$20 million, subject to ordinary closing adjustments.
AET-UN.TO: 0.01 (unch)
Argent Energy Trust Reports Voting Results of Election of Directors
CNW Group - Wed Jun 24, 1:57PM CDT
Argent Energy Trust ("Argent" or the "Trust" (TSX: AET.UN) today announced that at its annual and special meeting of unitholders held on June 23, 2015, each of the following four nominees were elected as directors of Argent Energy Ltd., the administrator of the Trust, to serve until the next annual meeting of unitholders or until their successors are duly elected or appointed. The detailed results of the vote are set out below.
AET-UN.TO: 0.01 (unch)
Argent Energy Trust completes the sale of substantially all assets
CNW Group - Tue May 17, 5:32PM CDT
Argent Energy Trust ("Argent" or the "Trust"
announces that it has completed the previously announced sale of substantially all of the assets of Argent Energy (U.S.) Holdings Inc., an indirect wholly-owned subsidiary of the Trust, to BXP Partners IV, L.P. (the "Transaction". The Transaction was approved by the Court of Queen's Bench of Alberta and the United States Bankruptcy Court (collectively, the "Courts" on May 10, 2016 and May 11, 2016, respectively. Argent Energy Trust Receives Court Approval for the Sale of Substantially all Assets
CNW Group - Wed May 11, 4:41PM CDT
Argent Energy Trust ("Argent" or the "Trust"
announces that the Trust and its direct and indirect subsidiaries, Argent Energy (Canada) Holdings Inc. ("Argent Canada" and Argent Energy (U.S.) Holdings Inc. ("Argent U.S." and, collectively with the Trust and Argent Canada, the "Applicants", have obtained the approval of the Court of Queen's Bench of Alberta (the "Court" and the United States Bankruptcy Court with respect to the purchase and sale agreement (the "Sale Agreement" dated April 14, 2016 between Argent U.S. and BXP Partners IV, L.P. (the "Purchaser", providing for the sale of substantially all of the assets of Argent U.S. to the Purchaser, together with all other matters contemplated by the Sale Agreement (the "Transaction". Argent Energy Trust continues sale solicitation process
CNW Group - Fri Feb 19, 3:30PM CST
Argent Energy Trust (the "Trust"
(TSX: AET.UN) announces that, as part of the initial order (the "Initial Order" granted on February 17, 2016 by the Court of Queen's Bench of Alberta (the "Court", the Trust and its direct and indirect subsidiaries, Argent Energy (Canada) Holdings Inc. ("Argent Canada" and Argent Energy (U.S.) Holdings Inc. ("Argent U.S.", and together with the Trust and Argent Canada, the "Applicants" or "Argent", have received court approval for the continuation of the previously announced sale solicitation process (the "Sale Solicitation Process" to be conducted within the CCAA proceedings by The Oil & Gas Clearinghouse, LLC ("OGAC" under the supervision of FTI Consulting Canada Inc. (the "Monitor". The Court also approved the continued engagement of OGAC as sales agent in connection with the Sale Solicitation Process. The Sale Solicitation Process is intended to generate interest in either the business or the assets of Argent U.S. with the goal of maximizing the return in respect of the assets of the Applicants. AET-UN.TO: 0.01 (unch)
Argent Energy Trust Announces Toronto Stock Exchange Listing Eligibility Review
CNW Group - Tue Feb 02, 4:00PM CST
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) today announced that the Toronto Stock Exchange (the "TSX" is reviewing the eligibility for continued listing on the TSX of the securities of Argent, including the trust units of the Trust (AET.UN), the 6.00% convertible unsecured subordinated debentures due June 30, 2018 of the Trust (AET.DB) and the 6.50% convertible unsecured subordinated debentures due December 30, 2018 of the Trust (AET.DB.A). The TSX has initiated the delisting review as a result of, among other matters, the market capitalization of Argent falling below the levels required under the TSX Company Manual. AET-UN.TO: 0.01 (unch)
TSX Delisting Review - Argent Energy Trust (Symbol: AET.DB)
CNW Group - Tue Feb 02, 7:30AM CST
DELISTING REVIEW Argent Energy Trust (the "Trust"
- TSX is reviewing the Trust Units (Symbol: AET.UN), 6.00% Convertible Unsecured Subordinated Debentures (AET.DB) and 6.50% Convertible Unsecured Subordinated Debentures (AET.DB.A) of the Trust with respect to meeting the continued listing requirements. The Trust has been granted 30 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process. X.TO: 51.93 (+0.31)
Argent Energy Trust announces early termination of swaps and resignation of executive chairman
CNW Group - Fri Jan 29, 7:00AM CST
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) today announces that, as a result of the occurrence of Argent's previously announced event of default under its credit facility, the counterparties to Argent's swaps have terminated those arrangements and set off the amounts owing to Argent's US-based operating subsidiary thereunder (approximately US $12.4 million in the aggregate) against the amounts outstanding under Argent's credit facility (under which Argent's US-based operating subsidiary is the borrower). Accordingly, the amount outstanding under Argent's credit facility has been reduced to approximately US $50.6 million, with a $1.3 million letter of credit also outstanding. AET-UN.TO: 0.01 (unch)
Argent Energy Trust announces event of default under credit facility and engagement of advisor to explore sale alternatives
CNW Group - Wed Jan 27, 7:00AM CST
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) announces that to date Argent has been unable to reduce the amount outstanding under its credit facility to the amount of the borrowing base under the facility of US$45 million. AET-UN.TO: 0.01 (unch)
IIROC Trade Resumption - Argent Energy Trust 6.50% subordinated unsecured convertible debentures
Newsfile Corp - Tue Jan 05, 7:00AM CST
Trading resumes in:
IIROC Trade Resumption - AET.DB, AET.DB.A
CNW Group - Tue Jan 05, 6:59AM CST
Trading resumes in:
Argent Energy Trust announces subordinated unsecured convertible debentures will trade on an interest flat basis
CNW Group - Mon Jan 04, 8:00PM CST
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) announced today that the Toronto Stock Exchange ("TSX" has advised Argent that its 6.00% subordinated unsecured convertible debentures due June 30, 2018 and its 6.50% subordinated unsecured convertible debentures due December 30, 2018 (collectively, the "Subordinated Debentures" will commence trading on an interest flat basis on January 5, 2016. AET-UN.TO: 0.01 (unch)
IIROC Trading Halt - AET.DB, AET.DB.A
CNW Group - Mon Jan 04, 7:43AM CST
The following issues have been halted by IIROC:
IIROC Trade Halt - Argent Energy Trust 6.5% convertible unsecured subordinated debentures
Newsfile Corp - Mon Jan 04, 7:42AM CST
The following issues have been halted by IIROC:
Argent Energy Trust announces non-payment of interest on subordinated unsecured convertible debentures
CNW Group - Fri Jan 01, 8:00AM CST
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) today announced that Argent has not made the $2,572,500 and $2,047,500 semi-annual interest payments (collectively, the "Interest Payments" due on its 6.00% subordinated unsecured convertible debentures due June 30, 2018 and its 6.50% subordinated unsecured convertible debentures due December 30, 2018 (collectively, the "Subordinated Debentures", respectively. The Interest Payments were due on December 31, 2015. The Subordinated Debentures are obligations of the Trust only, and are expressly subordinated to, among other things, ordinary trade debt of Argent and its subsidiaries. AET-UN.TO: 0.01 (unch)
Argent Energy Trust Provides Credit Facility Update
CNW Group - Mon Nov 30, 6:00AM CST
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) today announced that Argent's banking syndicate has completed their semi-annual review of Argent's credit facility and has elected to reduce the facility's conforming borrowing base from US$80 million to US$45 million as a result of current commodity prices. Argent is currently US$65 million drawn on the facility, with a $1.3 million letter of credit outstanding also, and under the Credit Agreement there is a 60-day cure period in which to cover the difference to the new conforming borrowing base. Argent is working with the banking syndicate to review options to address the difference and is also actively exploring alternative financing options. AET-UN.TO: 0.01 (unch)
Argent Energy Trust Reports Third Quarter 2015 Results
CNW Group - Thu Nov 12, 6:43PM CST
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) is pleased to provide its financial and operating results for the quarter ended September 30, 2015 ("Q3 2015". For Q3 2015, average production was 4,455 boe/d barrels of oil equivalent per day ("boe/d", of which 66% was oil and NGLs, producing funds flow from operations of $13.8 million ($0.21 per unit of the Trust ("Unit") for the quarter reflecting lower operating and administrative costs from Q2 2015. After adjusting for the strategic divestitures in Q2 2015, production for Q3 2015 increased sequentially by 3% to 4,455 boe/d, from 4,311 boe/d in Q2 2015. The increase was due to new production from the capital drilling incurred in the first half of 2015 in the Wyoming properties, offset by natural declines. AET-UN.TO: 0.01 (unch)
Argent Energy Trust Reports Second Quarter 2015 Results
CNW Group - Tue Aug 11, 3:54PM CDT
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) is pleased to provide its financial and operating results for the quarter ended June 30, 2015 ("Q2 2015". For Q2 2015, average production was 4,942 boe/d barrels of oil equivalent per day ("boe/d", of which 64% was oil and NGLs, producing funds flow from operations of $13.9 million ($0.22 per unit of the Trust ("Unit") for the quarter reflecting lower operating costs from Q1 2015. This production level reflects the sale of the Manvel Field assets during the quarter, and natural declines on the Eagle Ford oil and South Texas gas wells drilled in mid-2014. AET-UN.TO: 0.01 (unch)
Argent Energy Trust Closes Asset Sale and Renews Credit Facility
CNW Group - Wed Jul 01, 11:29AM CDT
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) is pleased to announce it has closed the previously announced sale of its interests in Oklahoma and Kansas ("Mid-Continent" for gross proceeds of US$20 million, subject to ordinary closing adjustments. AET-UN.TO: 0.01 (unch)
Argent Energy Trust Reports Voting Results of Election of Directors
CNW Group - Wed Jun 24, 1:57PM CDT
Argent Energy Trust ("Argent" or the "Trust"
(TSX: AET.UN) today announced that at its annual and special meeting of unitholders held on June 23, 2015, each of the following four nominees were elected as directors of Argent Energy Ltd., the administrator of the Trust, to serve until the next annual meeting of unitholders or until their successors are duly elected or appointed. The detailed results of the vote are set out below. AET-UN.TO: 0.01 (unch)
