Argent Energy Debt Offering

Locke Lord, led by Houston Partners David Patton, David Taylor and Lyman Paden, represented Argent Energy Trust – a company listed on the Toronto Stock Exchange – in a $75 million debt offering for additional investment in Texas' Eagle Ford oil and natural gas reserves. Announced June 4, the debt offering follows the Firm’s representation last year in which we negotiated the acquisition of assets from the seller to Argent and helped the company in financing and governance matters. Argent Energy Trust plans to accelerate development of its Eagle Ford land in Gonzales and Fayette counties.