BRIEF-Argent Energy Trust acquires producing oil properties in Texas

Oct 3 (Reuters) - Argent Energy Trust :

* Announces acquisition of producing oil properties and bought deal trust unit

financing

* Deal for a purchase price of $132.5 million

* Says purchase price of $132.5 million

* Deal is accretive to proved reserves per unit; expected to be accretive to

production per unit commencing in 2014

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