Argent Energy Trust announces event of default under credit facility and engagement of advisor to explore sale alternatives

CALGARY, Jan. 27, 2016 /CNW/ – 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.

As previously…