Argent Property Services, Heritage Mineral Management Combine

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  • January 4, 2016

Ruston, Louisiana– Argent Financial Group today announced that its combination with Oklahoma City-based Heritage Trust Company and its subsidiaries continues with the combination of two subsidiaries focused on the management of client oil and gas interests. Heritage Mineral Management and Argent Property Services will join together to form Argent Mineral Management.

 

The combined firms will be responsible for more than two million acres in client mineral assets in twenty-seven states served by a staff of more than twenty professionals.

 

David Luke, Managing Director of Heritage Mineral Management, will continue in that role for Argent Mineral Management, providing leadership to the combined groups. Clients of the combined entity will benefit from a deeper professional staff, additional service offerings, and expanded geographical reach.

 

“Choosing to partner with the Argent family was done after years of working together and watching our respective businesses grow,” said Luke. “We share the same values and commitment to clients, and we will be stronger together. Argent and Heritage provide significant value to our client landowners and mineral interest owners. Together, we will offer a depth and range of oil and gas services that is unmatched by any other service provider in our region.”

 

“We are very fortunate to add the entire talented team at Heritage,” said Argent CEO Kyle McDonald. “Argent’s approach is to employ highly experienced, local professionals to lead our subsidiaries, while providing the full resources, experience and technological support of a major regional wealth management organization, all from a core based on sound fiduciary principles. We look forward to growing together.”

 

Argent Mineral Management operates from six offices currently: Oklahoma City, Oklahoma; Southlake and San Antonio, Texas; Alexandria, Ruston and Shreveport, Louisiana.

Argent Mineral Management provides mineral management services such as lease negotiation, administration, accounting, and auditing. Argent Financial Group, parent company of Argent Mineral Management, is a full-service, trust-based wealth management firm that provides clients with a broad array of wealth management services built from its core of trust management. Argent, operating twenty two offices across ten southern states, just celebrated its 25th anniversary.