DENVER, Sept. 9, 2014 /PRNewswire/ -- Escalera
Resources Co. (NASDAQ: ESCR) reported today that its Board of
Directors declared a cash dividend on its 9.25% Series A Cumulative
Preferred Stock ("Series A Preferred Stock") in the amount of
$0.578125 per share, payable on
September 30, 2014 to stockholders of
record as of September 19,
2014. The Series A Preferred Stock was issued on July 5, 2007 and trades on the NASDAQ Capital
Market under the symbol "ESCRP."
About Escalera Resources Co.
Escalera Resources Co. is
headquartered in Denver, CO, with
executive offices in Houston, TX
and a regional office is Casper,
WY. Escalera explores, develops and transports natural gas
in the U.S. and is seeking strategic acquisitions of abundant,
low-cost, dry natural gas assets that are currently undervalued or
underutilized; and identifying alternative ways to enhance the
value of its dry natural gas reserves.
Company Contact:
John Campbell, IR
(303) 794-8445
www.escaleraresources.com
SOURCE Escalera Resources Co.