Canadian Energy Services & Technology Corp. Announces Cash Dividend
October 17 2013 - 4:43PM
OTC Markets
Canadian Energy Services & Technology Corp. Announces Cash
Dividend
Canadian Energy Services & Technology Corp. Announces Cash
Dividend
CALGARY, ALBERTA--(Marketwired - Oct 17, 2013) -
Canadian Energy Services & Technology Corp.
("CESTC" or the
"Corporation")(TSX:CEU)
(OTCQX:CESDF) announced today that it will pay a
cash dividend of $0.06 per common share on November 15, 2013, to
the shareholders of record at the close of business on October 31,
2013.
About Canadian Energy Services & Technology
Corp.
CESTC is a leading provider of technically advanced consumable
chemical solutions throughout the life-cycle of the oilfield. This
includes solutions at the drill-bit, at the point of completion and
stimulation, at the wellhead and pump-jack, and finally through to
the pipeline and midstream market. CESTC's business model requires
limited re-investment capital to grow. As a result, CESTC has been
able to capitalize on the growing market demand for drilling fluids
and production and specialty chemicals in North America while
generating free cash flow. CESTC returns much of this free cash
flow back to shareholders through its monthly dividend. Additional
information about CES is available at www.sedar.com or at CES'
website at www.CanadianEnergyServices.com.
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT
ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE.
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