CALGARY, Oct. 16, 2017 /CNW/ - SECURE Energy Services Inc.
("SECURE") (TSX – SES) is pleased to announce that its Board of
Directors has declared a dividend for the month of November 2017 of $0.02125 per common share ("Common Share")
payable on or about November 15, 2017
to shareholders of record on November 1, 2017. This dividend
is an eligible dividend for the purpose of the Income Tax Act
(Canada). To be an eligible
shareholder, a shareholder must be resident in Canada and must not be a "U.S. person" within
the meaning of U.S. federal securities laws.
Secure also announced today that it expects to release its 2017
third quarter financial and operating results after market close on
Thursday, November 9, 2017. Interim
Financial Statements and Management's Discussion and Analysis will
be posted to Secure's website and SEDAR following the release.
This press release does not constitute an offer to sell or
the solicitation of an offer to buy the securities in the United States, in any province or
territory of Canada or in
any other jurisdiction. The securities to be offered have not
been, and will not be, registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any U.S. state securities laws and may not be offered or sold in
the United States absent
registration or absent an applicable exemption from the
registration requirements of the U.S. Securities Act and applicable
U.S. state securities laws.
ABOUT SECURE ENERGY SERVICES INC.
Secure is a TSX publicly traded energy infrastructure and
services company that provides safe, innovative, efficient and
environmentally responsible management of fluids and solids
solutions to the oil and gas industry in Western Canada and certain regions in
the United States ("U.S.").
The Corporation operates three divisions:
Processing, Recovery and Disposal Division ("PRD"): The
PRD division owns and operates midstream infrastructure including
facilities and pipelines providing processing, storing, shipping
and marketing of crude oil, oilfield waste disposal and recycling.
The PRD division services include clean oil terminalling, rail
transloading, pipeline transportation, crude oil marketing, custom
treating of crude oil, produced and waste water disposal, oilfield
waste processing, landfill disposal, and oil purchase/resale
service. Secure currently operates a network of facilities
throughout Western Canada and in
North Dakota, providing these
services at its full service terminals ("FST"), landfills,
stand-alone water disposal facilities ("SWD") and full service rail
facilities ("FSR").
Drilling and Production Services Division ("DPS"): The
DPS division provides equipment and product solutions for drilling,
completion and production operations for oil and gas producers in
Western Canada. Drilling services
focuses on providing products and systems that are designed for
more complex wells, such as medium to deep wells, horizontal wells
and horizontal wells drilled into the oil sands. Production
services focuses on providing equipment and chemical solutions that
optimize production, provide flow assurance and maintain the
integrity of production assets.
Onsite Services Division ("OS"): The OS division provides
services that include pipeline integrity services (inspection,
excavation, repair, replacement and rehabilitation), demolition and
decommissioning, reclamation and remediation of former wellsites,
facilities, industrial properties, and environmental construction
projects (landfills, containment ponds, subsurface containment
walls, etc.); Integrated Fluid Solutions ("IFS") which include
water management, recycling, pumping and storage solutions; and
Environmental services which provide pre-drilling assessment
planning, drilling waste management, remediation and reclamation
assessment services, Naturally Occurring Radioactive Material
("NORM") management, waste container services, and emergency
response services.
SOURCE SECURE Energy Services Inc.