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Argent Energy Trust Reports Record Cashflow

Argent confirms its projected 2013 exit production rate of 7,000 BOE/d for a year over year growth rate of 40%.

Eagle expects to add 300 barrels of oil equivalent per day to its existing production.

The company noted that there has been unusually high trading volume and price volatility in Argent units over the past few days.

The cash distribution to be paid on Oct. 23 for unitholders of record on Sept. 30 will be $0.0875 per trust unit.

Wisniewski has held the position of vice president of operations at Eagle since September 2012.

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