Canadian Energy Services & Technology Corp. Announces Cash Dividend
April 17 2014 - 4:01PM
Marketwired
Canadian Energy Services & Technology Corp. Announces Cash
Dividend
CALGARY, ALBERTA--(Marketwired - Apr 17, 2014) - Canadian Energy
Services & Technology Corp. ("CESTC" or the
"Corporation")(TSX:CEU)(OTCQX:CESDF) announced today that it will
pay a cash dividend of $0.07 per common share on May 15, 2014, to
the shareholders of record at the close of business on April 30,
2014.
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 CESTC is available at www.sedar.com or on the
Corporation's 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.
Canadian Energy Services & Technology Corp.Tom
SimonsPresident and Chief Executive Officer(403) 269-2800Canadian
Energy Services & Technology Corp.Craig Nieboer, CAChief
Financial Officer(403)
269-2800info@ceslp.cawww.CanadianEnergyServices.com
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