Jan 29 (Reuters) - Argent Energy Trust AET_u.TO :
* Announces early termination of swaps and resignation of executive chairman
* Says it is continuing to explore all alternatives to provide the necessary
liquidity and capital to the trust
* Amount outstanding under co's credit facility is reduced to about $50.6
million, with a $1.3 million letter of credit also outstanding
* Announces the resignation, of Richard Louden, executive chairman of the board