Argent Energy Trust confirms April 2014 distribution

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/

CALGARY, April 17, 2014 /CNW/ - Argent Energy Trust ("Argent" or the "Trust") (TSX: AET.UN) today announced that the cash distribution to be paid on May 23, 2014, in respect of the period from and including April 1 to April  30, 2014, for unitholders of record on April 30, 2014 will be $0.02 per trust unit. The ex-distribution date is April 28, 2014.

The annualized distribution of $0.24 per trust unit represents a cash-on-cash yield of approximately 8% based on the closing price of the trust units on the Toronto Stock Exchange on April 16, 2014 of $3.00¹.

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.

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¹ Unlike fixed income securities, Argent has no obligation to distribute any fixed amount and reductions in, or suspension of, cash distributions may occur that would reduce future yield.

SOURCE: Argent Energy Trust

For further information concerning this press release, please contact:

John Elzner
President 
Argent Energy Trust
[phone]

Sean Bovingdon
Chief Financial Officer
Argent Energy Trust
[phone]