Argent Energy Trust Reports Voting Results of Election of Directors

CALGARY, May 21, 2014 /CNW/ - Argent Energy Trust ("Argent" or the "Trust") (TSX: AET.UN) today announced that at its annual meeting of unitholders held on May 20, 2014, each of the following five 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.

                             
Nominee         Votes For     Votes Withheld
          Number     Percent
(%)
    Number     Percent
(%)
John Elzner         8,963,358     90.79%     909,109     9.21%
Richard Louden         8,648,354     87.60%     1,224,714     12.40%
John Brussa         8,814,129     89.27%     1,058,938     10.73%
William D. Robertson         7,501,689     75.98%     2,371,378     24.02%
Glen C. Schmidt         7,479,769     75.76%     2,393,298     24.24%

On May 20, 2014, Messrs. Eric Tremblay and Scott Butler tendered their resignations from the board of directors of Argent Energy Ltd. and withdrew their names as nominees standing for re-election to the board of directors of Argent Energy Ltd.  The Board would like thank them for their contributions to the formation of the Trust and their efforts thereafter.

About Argent Energy Trust

Argent is a mutual fund trust under the Income Tax Act (Canada). Argent's objective is to create stable, consistent returns for investors through the acquisition and development of oil and natural gas reserves and production with low risk exploration potential, located primarily in the United States. Material information pertaining to Argent Energy Trust may be found on www.sedar.com or www.argentenergytrust.com.

SOURCE Argent Energy Trust

For further information:

For further information concerning this press release, please contact: 

John Elzner
President & Chief Executive Officer
Argent Energy Trust
(281) 847-1888     
 
Sean Bovingdon 
Chief Financial Officer 
Argent Energy Trust 
(403) 770-4809